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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.
An eviction is typically removed from an individual's credit record after a seven-year period. An eviction is the legal removal of a tenant by a landlord. Evictions occur for a variety of reasons that include failure to pay rent, illegal behavior or breaking the rules of the rental agreement.