Leaseholders are individuals or organizations that possess a lease or rental agreement for a property owned by another party. Some synonyms for leaseholders include tenants, renters, occupants, lessees, lodgers, and subtenants. These terms are commonly used interchangeably to describe individuals who are living or operating a business within a leased property. Tenants and renters are perhaps the most commonly used terms, while lessees are typically used in legal contexts. Occupants and lodgers tend to refer to individuals who rent a room within a larger property. Subtenants are individuals who sublet a portion of the leased property to someone else. Regardless of the term used, leaseholders are responsible for upholding the terms of the lease and paying rent to the property owner.