| Aspect | Applicant | Tenant |
|---|---|---|
| Definition | An individual expressing interest in renting a property and submitting an application for consideration. The initial stage of the leasing process, expressing interest. | An individual who has been approved by the landlord entered into a lease agreement and becomes a resident of the rented property. Advanced stage after approval, lease agreement, and occupancy. |
| Status | Not yet approved, pending the landlord's decision. | Approved, bound by the terms outlined in the lease agreement. |
| Role | In the process of becoming a potential tenant. | Has successfully secured the property and is a current resident. |
| Lease Agreement | Has not yet entered into a formal lease agreement. | Has entered into a formal lease agreement with the landlord. |
| Interaction with Property | Limited access and rights to the property during the application stage. | Full access and occupancy rights as a resident once approved. |
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