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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.
Hereâs a list of terms we encourage our clients to know before signing a commercial real estate lease or commercial sublease. The People Behind the Deal #1: Tenant Representative: A tenant ârepâ is a commercial real estate realtor that represents the tenant instead of the landlord. They help identify office space needs and negotiate with the landlord or landlord representative. Tenant reps earn their fee by splitting the commission with the leasing agent.