
An agreement (lease) whereby land/property is leased by the owner (lessor) to a tenant... <a target=_blank href='http://www.finance-glossary.com/terms/tenancy-agreement.htm?id=1421&ginPtrCode=00000&PopupMode=false' title='Read full definition of tenancy agreement'>more</a>
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http://www.finance-glossary.com/pages/home.htm

A contract (verbal or written but usually written) between landlord and tenant. The contract outlines the rights both parties have (eg. your right to occupy the property and the landlord's right to receive rent from you).
Found on
http://www.spareroom.co.uk/content/info-advice/glossary-of-terms/
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