A more thorough explanation:

A statutory tenant is a person who has the legal right to remain on a property even after their tenancy has expired. This means that they cannot be evicted without a court order.

For example, in some states, if a tenant has been living in a rental property for a certain number of years, they may become a statutory tenant and have the right to stay in the property even if their lease has ended.

Another example is if a landlord sells a property with a tenant in place, the new owner may have to honor the tenant's statutory tenancy rights and allow them to stay until the tenancy is legally terminated.