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A credit tenant lease is a method of financing real estate. The landlord borrows money to finance the property and pledges as security the rents to be received from the tenant. Usually, the financing is structured as nonrecourse debt, and the lease is structured as a triple net lease.he landlord borrows money to finance the property and pledges as security the rents to be received from the tenant. Usually, the financing is structured as nonrecourse debt, and the lease is structured as a triple net lease.
Each of the three credit bureaus offers a tenant screening process which allows you to pull a credit report on potential tenants. You can choose one of the services to pull your reports. 1  Experian. 2  There is no fee for landlords to run a tenant credit check using Experian. 3  TransUnion.4  The total fee to receive a credit report, credit recommendation, and criminal background check is $30 via TransUnion. 5  Equifax. There is no fee for landlords to run a tenant credit check using Experian. 2  TransUnion. 3  The total fee to receive a credit report, credit recommendation, and criminal background check is $30 via TransUnion. 4  Equifax.