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June 21st, 2010 | by admin |

There are two basic types of lease:
In a full repairing and insuring lease the lessee is responsible for all repairs to the property. This type of lease is usual when the tenant occupies all of the building.
An internal repairing and insuring lease provides for the tenant to be responsible for all the repairs to the internal fabric – and the landlord for the external repairs, plant and machinery (for example boilers and lifts). Leases of this kind are usual in multi-tenanted buildings.
The cost of a landlord’s work in connection with repairs to the building is normally charged to the tenants in the form of a service charge. Office space london

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