FRI Leases Explained: Why Your Tenant Might Be Responsible for the Roof (and the Rats)
If you’ve ever heard someone say, “It’s a Full Repairing and Insuring lease,” and nodded politely while secretly wondering if that meant you’d be fixing the roof with your own ladder — you’re not alone. FRI leases are a staple of UK commercial property, but they’re also one of the most misunderstood beasts in the […]