Lessor:
One who rents property to another under a lease, otherwise known as a landlord.

Rental Application
A basic application form that lets the landlord collect information about the applicant. There is no confusing or intricate legal language involved. The only responsibility that the applicant bares is that he is binding him / herself to the apartment and will be responsible for its entire financial and other obligation stated in the lease if accepted. There are different applications, however the relevant information is practically the same. Some landlords (many luxury apartments in particular) have their own application.

Subletting:
This term refers to taking over somebody else's lease. Normally you should sign a subletting contract specifying all of the terms of the sublet (duration, money, etc.)

Tenancy at Will
A license to use or occupy lands and buildings at the will of the owner. The tenant may decide to leave the property at any time or must leave at the landlord's will. Agreement may be oral or written. (Most such contracts are written in New York and have specific period of time associated with them.)

Tenancy in Common:
On ownership of realty by 2 or more persons, each of whom has an undivided interest, without the right of share of the decedent is inherited by the party or parties designated in the decedent's will.

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