what is meaning of tenancy right?

 Tenancy

A contract by which the owner of real property (the landlord), grants exclusive possession of that real property to another person (tenant), in exchange for the tenat's periodic payment of some sum of money (rent).

"The essence of a tenancy is the right to possess and occupy land belonging to another.

"The relationship of landlord and tenant is created by a contract expressed or implied, by which one person who is possessed with an interest in real property, and who is called the landlord or lessor, confers on another person, called the tenant or lessee, the right to exclusive possession of the real property or some part of it for a period of time which is definite or can be made definite by either party, usually in consideration of a periodical payment of rent either in money or its equivalent. "

regards,

ratan

agree with above