A salesperson ' s client is the lessee.

In a leasing transaction, the lessee is the tenant — the party obtaining the right to occupy and use the property. The lessor is the landlord, who owns the property and grants possession through the lease.

Therefore, when a salesperson’s client is the lessee, the salesperson represents the tenant in the transaction. The role is similar to representing a buyer in a purchase transaction — the agent owes fiduciary duties such as loyalty, confidentiality, and disclosure to the tenant client.

The other options do not apply:

Lender (A) provides financing, not leasing services.

Landlord (C) would be the lessor, not the lessee.

Lien holder (D) is a creditor with a security interest in property, unrelated to this relationship.

Thus, the correct answer is B: tenant.