Sec. 199. Option At Specified Rental Not Exercised By Taking Lease At A Lower Rental
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 199. Option At Specified Rental Not Exercised By Taking Lease At A Lower Rental
An option to take a lease at a specified rental is not exercised by securing a lease at a lower rental. Curtis v. Nixon, 24 L. T. E. (Eng.), N. S. 706. See also Sec. 101.
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