Residential tenancies refer to agreements between landlords and tenants for renting living spaces, such as apartments or houses. These agreements outline the rights and responsibilities of both parties, including rent payment, maintenance, and lease duration. In many regions, laws govern residential tenancies to protect tenants from unfair practices and ensure landlords can manage their properties effectively. These laws often cover issues like security deposits, eviction processes, and habitability standards, helping to create a fair rental market for all involved.