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ForfeitureForfeiture of a lease occurs when the landlord exercises his right to regain possession against the wishes of the tenant, where there is a breach in a condition of the lease, or a breach of a covenant.
FreeholdAn owner’s interest in land where both the property and the land on which it stands belong to their owner indefinitely. i.e. the outright ownership of a property.
FreeholderOne holding an estate in "fee simple absolute in possession".
Full repairing and insuring (FRI) leaseAn FRI lease requires the tenant to pay all running costs, eg maintenance, rates and insurance.
 

Featured Sites

DELTA TERRACE - IPSWICH
Masterlord Office Village
Ipswich Office to rent - Ipswich, Suffolk
Highly versatile, these brand new modern offices can be combined with the removal of walls for larger space. Likewise, installation of partitioning can enable boardrooms and senior management offices to be included at very little cost.

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