👉 Rents are a type of payment made by tenants to landlords for the use of their property. The amount and duration of rent vary depending on the location, type of property, and other factors. Rent is typically paid monthly or annually, and it helps ensure that the landlord has access to the property they need to maintain and manage effectively. Rents can be a significant expense for tenants, especially in areas where housing prices are high or rental rates are variable. However, landlords often prioritize ensuring their properties