Arkansas Real Estate Practice Exam

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What is a tenant defined as?

A person who owns a property.
A person who rents a property on a nightly basis.
A person who rents a property on other than a nightly basis.
A property manager.

The correct answer is: A person who rents a property on other than a nightly basis.

A This is incorrect because a tenant is not an owner of the property, they are the person renting the property. B: This is incorrect because a person who rents a property on a nightly basis would be considered a guest or a short-term renter, not a tenant. D: This is incorrect because a property manager is responsible for managing the property on behalf of the owner, not the person renting the property.