Term, residential lease, applies to financial arrangements in which one has the right to live in a house or apartment. Rent an apartment tenant with lease terms of tenancy guarantees the most common residential lease agreement. This means that the landlord pays monthly rent in exchange for the right to reside on the premises.There are several different types of housing mandates. Included in this are: occupancy, owner occupancy, squatting, cooperative lease, condominium, land trust and the building. There are two types of housing tenure: Timeshare and Cohousing. People living in a timeshare property to a large extent during the holidays. They are almost always short-term changes to housing cooperatives, condominiums or apartments. Cohousing refers to a situation in which neighbors share common living areas such as kitchens and playgrounds.The landlord can be a private person, non-profit housing associations or government bodies such as the situation with public housing. The owner of the house and property which is also a resident of the property in the form of housing tenure known as owner occupancy. In the case of tenancy, the landlord or building lease out the right to occupy an apartment tenant. With a cooperative type of housing tenure,...