Question

When leasing nonresidential properties,owners would prefer to rent exclusively to high quality tenants.Such owners will tend to seek out companies whose general debt obligations are rated "investment grade" by one of more of the U.S.rating agencies.These potential tenants are more commonly referred to as__________.A)tenant repsB)credit tenantsC)tenant mixD)in-house leasing agents

Answer 1

Answer:

B) credit tenants

Explanation:

• A credit tenant is a nonresidential person who has entered and continued to be subject under the lease of the property and has a rating assigned to as investment grade and has the long term debt obligations.

• A rating of BBB U.S rating grade is usually applied to them, the other agencies that give this rating score are credit rating agencies, are the Standard & Poor's (S&P), the Moody's, and the Fitch Group. S&P and the Moody's etc.