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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.
The Landlord may collect a fee of $15.00 on a check that is not honored for payment (bounced).The charge is in addition to the regular monthly rent payable by the Tenant.6. LOW INCOME HOUSING TAX CREDIT (LIHTC) APARTMENTS .a.