spacer
The Enterprise and Economic Development Glossary
spacer
a resource of the .network library
spacer

tenant:

... an occupant, generally as a lessee. In other words a tenant may occupy but not necessarily be a lessee. The website, TenantNet has a definition tenant in ... Real Property Law §235-f. It's a posting in TenantNet Forum Archives 1996-2002 that concludes that a tenant is by law a party named in lease. Wikipedia, which answers the question of what a lease though the link in the previous sentence also offers a definition of leasehold estate by stating that it is ... an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord. For more Wikipedia information about leasehold estate, CLICK HERE.

There are various types of leases, for example, a triple-net lease. There are also credit rating levels of tenants, for example, a triple-A tenant. The NLR website (www.netleasedretail.com) answers the question: If Considering a Net Leased Investment, What are the Different Lease Types?

spacer

related: real estate; asset; lessee; lessor; landlord
.network logo [introduction]

go back

search for other terms

spacer
spacer

spacer

The Enterprise and Economic Development Glossary
spacer
a resource of the .network library
spacer

triple-A tenant::

... a lessee that lends prestige to a property or real estate development as a top tier of investment grade tenants based on credit rating levels from Standard & Poor's and Moody's


Examples of credit rating levels::

S&P

Moody's

AAA AA+ AA AA- A+ A A-   AAA AA1 AA2 AA3 A1 A2 A3
BBB+ BBB BBB- BB+ BB BB-     Baa1 Baa2 Baa3        
B+ B B- BB+ BB BB-     Ba1 Ba2 Ba3        

Anything in the C range is extremely vulnerable as a financial risk

spacer

related: net lease; net net lease; triple net lease; credit tenant lease
.network logo [introduction]

go back

search for other terms

spacer
spacer

FYI: definition of tenant definition of AAA tenant definition of leasehold estate

spacer

Economic Development Services, Inc. / copyrights and all rights reserved / 04/20/2010