Property rentals refer to the process of leasing residential or commercial spaces to tenants for a specified period. Landlords own these properties and charge rent, which is typically paid monthly. Rental agreements outline the terms, including duration, payment amount, and responsibilities of both parties. Tenants benefit from property rentals by gaining access to housing or workspace without the need for a large upfront investment, such as purchasing a property. This arrangement allows for flexibility, as tenants can choose to move when their lease ends, while landlords can generate income from their real estate investments.