FRI Lease

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Definition
An FRI Lease or "full repairing and insuring lease" is a type of lease that places the obligation repairing and insuring of a property on the tenant, rather than the owner. As a result, properties under such leases are more attractive for investment purposes due to a reduction in possible expenses.

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FRI Lease can also be referred to as 'FRI Lease'

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FRI Lease  ING  Investment  Lease  

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