The terms "tenant" and "landlord" refer to two distinct roles within the context of property rental agreements.
A tenant is a person, business, or group that pays to use another person's property. This means that a tenant rents or leases a house, apartment, etc., from another individual or entity, who is the owner of that property. Tenants are responsible for paying rent, following the terms of their rental agreement, and maintaining the property in good condition during their occupancy. They have the right to use the property for living or business purposes, as agreed upon in the lease or rental agreement.
A landlord, on the other hand, is the owner of property (such as land, houses, or apartments) that is leased or rented to another. The landlord's responsibilities include ensuring the property is in a habitable condition, making necessary repairs, and adhering to the terms of the lease agreement. Landlords receive rent from tenants as compensation for the use of their property. They have the authority to set the terms of the lease, including the amount of rent, security deposits, and rules for the property's use.
In summary, the key difference between a tenant and a landlord is their role in the rental agreement: the tenant is the one who pays for the use of the property, while the landlord is the property owner who allows the use of the property in exchange for rent.
