This is a lease where the tenant is responsible only for internal repairs and decorations, with the landlord being responsible for external and structural repairs. It differs from the more common Full Repairing and Insuring (FRI) lease, and commonly results in a higher rent reflecting the tenant’s lower obligations in respect of annual expenditure on repairs.Under this type of lease the landlord retains responsibility for structural and external repairs without reimbursement. The tenant’s only responsibility is for repairing the inside of the let premises and contributing towards the maintenance of any common parts via a traditional service charge.
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