A tenant’s guide to repairing obligations in a commercial lease
When you enter into a commercial lease, your landlord will ideally want this to be on a full repairing and insuring (FRI) basis. This means that you will be responsible for repairing and maintaining the property leased and for reimbursing the landlord for the cost of insurance. If the property is already in a dilapidated state, or you are taking a short lease, you may be able to negotiate less onerous obligations. It is important to get advice from an expert solicitor before you agree the deal, as they will make sure you understand the sort of repairs you should expect to carry out and those which are the landlord’s responsibility.
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