United Artists Communications, Inc. v. Corporate Property Investors

OPINION

CRIPPEN, Judge.

This appeal questions the trial court’s conclusion, as a matter of law, that appellant failed to prove the parties entered into an enforceable oral modification of their lease. We affirm.

FACTS

In 1974, appellant United Artists Communications entered into a 25-year written lease agreement with Homart Development Company. The lease required United Artists to pay dues of $.20 per square foot of its leased space per year to the Maplewood Mall Merchants’ Association, payable monthly. This provision was “subject to annual upward adjustments approved by a two-thirds majority of…