Residential tenancy refers to the legal relationship between a landlord and a tenant regarding the rental of a residential property. This arrangement typically involves a written agreement, known as a lease or rental agreement, which outlines the terms and conditions of the tenancy, including rent amount, duration, and responsibilities of both parties. In a residential tenancy, tenants have the right to occupy the property and enjoy its amenities, while landlords are responsible for maintaining the property and ensuring it is habitable. Laws governing residential tenancies vary by location, often providing protections for both landlords and tenants to ensure fair treatment and resolve disputes.