👉 Rental is a process in which an individual or entity rents out their property, typically for a fixed period of time. This can include renting a house, apartment, or other type of residence to someone else temporarily. Rental properties are often used by individuals seeking short-term accommodation, such as students who need temporary housing during the semester or for summer vacation. The process of renting involves finding a suitable rental property and negotiating terms with the landlord or property manager.