What term is used to describe individuals renting units within a condominium?

The term "tenants" is used to describe individuals renting units within a condominium. This designation is important in distinguishing between those who own their units and those who lease them. Tenants usually enter into a rental agreement or lease with the property owner, which outlines the terms of their occupancy, including rent payments, duration of the lease, and responsibilities for property maintenance.

Understanding the role of tenants is crucial for condominium management, as it affects management practices, communication, and enforcement of rules and regulations within the community. Owners, on the other hand, have a different set of rights and responsibilities, which typically include property taxes and decisions regarding the governance of the condominium. Staff refers to individuals employed by the condominium corporation, and condominium managers are professionals responsible for the day-to-day management and administration of the property. Each of these roles plays a vital part in the functioning of a condominium, but it is the tenants who specifically occupy the rental units.