Full Repairing and Insuring Lease: A Complete Guide for Landlords and Tenants
When leasing commercial property, it’s crucial to understand the type of lease agreement you’re entering. One of the most common—and often misunderstood—arrangements in the UK and other regions is the Full Repairing and Insuring Lease (FRI Lease).https://www.herrington-carmichael.com/full-repairing-and-insuring-lease/#:~:text=A%20full%20repairing%20and%20insuring%20lease%20(%E2%80%9CFRI%20Lease%E2%80%9D),elements%20of%20an%20FRI%20lease. In this article, we’ll break down exactly what a full repairing and insuring lease is, how it works, … Read more