What term refers to individuals who rent property?

Prepare for the Columbus Police Department Entry Level Test. Use flashcards and multiple choice questions, each with hints and explanations. Start your exam preparation today!

The term that refers to individuals who rent property is "tenants." Tenants are those who occupy a rental property under a lease agreement, which is a contract that grants them the right to use and live in a dwelling owned by someone else in exchange for payment, typically referred to as rent. This relationship is foundational in real estate and property management, as it delineates the rights and responsibilities of both parties involved in the rental arrangement.

Landlords refer to the property owners who rent out their properties to tenants, while leaseholders can refer to individuals who have a leasehold interest in a property, which may or may not involve renting. Owners simply denote those who possess the title or deed to the property and are different from tenants who do not hold such title. Understanding these distinctions is crucial for navigating property rental agreements and the rights of individuals involved in such arrangements.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy