LUDAL DEV. CO. v. FARM STORES, INC.

No. 83-1727.

458 So.2d 781 (1984)

LUDAL DEVELOPMENT COMPANY, Appellant, v. FARM STORES, INC., Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied December 3, 1984.


Attorney(s) appearing for the Case

Arky, Freed, Stearns, Watson & Greer and Eugene Stearns and Bradford Swing, Miami, for appellant.

Hornsby & Whisenand and Ronald P. Weil, Miami, for appellee.

Before SCHWARTZ, C.J., and HENDRY and FERGUSON, JJ.


HENDRY, Judge.

Appellant Ludal Development Company appeals from a ruling of the circuit court finding that a five year lease renewal option given to appellee Farm Stores, Inc. was valid and enforceable and setting a reasonable rent for the period at $2,000.00 per month. We affirm.

Appellee Farm Stores entered into a lease on the subject property in 1965. One of the lease provisions granted appellee the option of...

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