Property rental period is a term used to describe the length of time a tenant is allowed to rent a property. TENANCY is the legal term for this agreement, which typically lasts for a fixed period of time such as six months or one year. During this period, the tenant is responsible for paying rent and abiding by the terms of the lease. The landlord is responsible for maintaining the property and ensuring that the tenant's rights are respected. At the end of the TENANCY, the tenant must vacate the property unless the landlord agrees to extend the agreement.