Fidelity Trust Co. v. Carson

Citations

• 28 Pa. Super. 418
• 1905 Pa. Super. LEXIS 214

Syllabus

<p>Ground rent — Agreement to reduce rents — Counterclaim—Contract.</p> <p>Tin agreement by the owner of a ground rent to reduce the rent “hereafter” from six to five per cent, is without consideration, and will only avail as to executed payments; but a purchaser of the land who has had knowledge of the acceptance of the lesser rate, is entitled to notice of an intention of the owner of the ground rent to demand in future the rate fixed in the deed. Until such notice is given the larger rate cannot be collected.</p>