Sandberg v. Light

Citations

• 55 Wash. 189
• 104 P. 205
• 1909 Wash. LEXIS 730

Syllabus

<p>Landlord and Tenant — Lease—Surrender—Disclaiming Interest. A lease with option to purchase is shown to be abandoned and mutually surrendered, where on the insolvency of the lessee, its president acquired the lease by assignment and removed the buildings, and in an action by the lessors to enjoin the removal of the buildings, the assignee filed an answer disclaiming any interest in the lease, whereupon the lessors abandoned the suit, relying on the answer as a surrender, retook possession, and refused subsequent tenders of rent.</p> <p>Same — Option to Purchase — Right to Exercise — Continuance op Lease. An option to purchase, contained in a lease with renewal privileges, expires on any termination of the lease, without any express stipulation that time is of its essence, the continuance of the lease being essential to the option.</p>