Which of the following describes the relationship between a tenant and landlord?

The relationship between a tenant and a landlord is best described as a contractual relationship. This is due to the fact that the relationship is established through a lease agreement, which is a legally binding contract that outlines the rights and responsibilities of both parties. The lease specifies important details such as the duration of tenancy, rental amount, maintenance responsibilities, and other terms and conditions that govern the occupancy of the property.

In a contractual relationship, both the tenant and the landlord agree to the terms set forth in the lease, allowing them to have enforceable rights based on that agreement. This framework ensures that both parties understand what is expected of them and provides recourse should either party fail to fulfill their obligations under the lease.

A fiduciary relationship, on the other hand, involves one party acting in the best interest of another, typically seen in relationships such as those between real estate agents and their clients, rather than in landlord-tenant interactions. Statutory requirements refer to laws that govern rental practices, but they do not define the nature of the relationship itself. Co-ownership arrangements involve shared ownership and are not applicable in a typical landlord-tenant dynamic. Thus, the contractual nature of the lease agreement is what defines the relationship between a tenant and a landlord.