In a real estate context, who is considered a tenant?

In the context of real estate, a tenant is defined as someone who leases property, which typically includes land and buildings, from a landlord or property owner. This arrangement allows the tenant to occupy and use the property under the terms specified in a lease agreement. The tenant pays rent for the use of the property, while the landlord retains ownership.

This understanding is essential as it clarifies the relationship between tenants and landlords, forming a foundational aspect of real estate transactions and property management. Recognizing that the tenant does not own the property but has the right to use it under a lease agreement is crucial for grasping tenant rights and responsibilities within the legal framework of real estate.

In contrast, the other choices refer to individuals or roles not functioning in the capacity of a tenant. An owner of a property is the person who holds the title and has the ultimate ownership rights, while an individual looking to buy property is a prospective buyer, not currently a tenant. A realtor serves a different function, acting as a facilitator in real estate transactions without being a tenant themselves. This distinction is key in understanding the dynamics of property leasing and ownership in real estate.