Date
Inquiry
The tenant has historically stayed in the same location for more than 40 years, but will not enter into a lease. Will it be acceptable to use the tenant\'s lease history and a signed letter of intent from the owner as an alternate compliance pathway for MR Credit 1.1?
Ruling
Lease terms of less than 10 years, regardless of the owner\'s lease history, do not satisfy the credit requirement of a minimum 10 year term.
Internationally Applicable
Off
Campus Applicable
Off
Credits