The law on tenancy in Hong Kong is basically governed by the Landlord and Tenant (Consolidation) Ordinance (Cap. 7) ("the Ordinance"), common law, and the terms and conditions contained in a tenancy agreement. This monograph deals mainly with tenancy matters pertaining to residential properties. The following analysis looks at: the legal requirements for the creation of a tenancy and related matters; contents of a tenancy agreement and the implied covenants of the landlord and the tenant; application of Part IV of the Ordinance. The analysis concludes with an illustration of tenancy practice and procedure.