An occupant is somebody who rents and resides in a residential or commercial property based upon a rental arrangement with a property owner. This arrangement defines their rights and obligations, such as paying rent, keeping the residential or commercial property, and following lease rules.

Key Points:

Definition: A tenant has legal rights to occupy a residential or commercial property through a lease. Responsibilities: Pay rent on time, keep the residential or commercial property in excellent condition, and report maintenance issues. Tenant vs. Occupant: Tenants indication leases and bear monetary obligation