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TRUSTEES OF NET REALTY HOLDING TRUST v. AVCO

No. 82-530.

476 A.2d 530 (1984)

TRUSTEES OF NET REALTY HOLDING TRUST v. AVCO FINANCIAL SERVICES OF BARRE, INC., and AVCO Financial Services, Inc.

Supreme Court of Vermont.

Reargument Denied April 4, 1984.

Attorney(s) appearing for the Case

Smith, Harlow & Liccardi, Rutland, for plaintiffs-cross-appellants.

John J. Welch, Jr., Rutland, for defendants-appellants.

Before BILLINGS, C.J., and HILL, UNDERWOOD, PECK and GIBSON, JJ.

PECK, Justice.

Defendants appeal from a judgment by the Washington Superior Court that they were in breach of a lease with plaintiffs, and therefore liable for past due rent and continuing rent for the remainder of the lease term. Plaintiffs cross-appeal, claiming that the court erred in determining the proper calculation for annual increases in those rental payments. We affirm as to both appeals.

Plaintiffs, as the trustees of Net Realty Holding Trust (Net...

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