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Residential Leasing refers to the process of renting out residential properties, such as apartments, houses, and condos, to tenants for a specified period of time. In the context of real estate and property management, this term specifically relates to the management of rental properties by landlords or property managers on behalf of property owners. Residential Leasing is a key component of Residential Property Management, which encompasses all aspects of managing residential properties including marketing, leasing, maintenance, and tenant relations. It falls under the broader category of Residential Property Leasing, which includes both short-term and long-term lease options for residential properties. In this hierarchy, Residential Leasing is the final step in the process of renting out a residential property, where the landlord or property manager executes a lease agreement with the tenant and collects rental payments.