Nelson v. Maiorana

On October 31, 1968, the plaintiffs, as guardians, entered into a lease to the defendants of premises on Chestnut Street in Needham owned by their ward, George *88Marsilli. The lease provided for a term of five years at an annual rent of $6,000, commencing November 1, 1968, with an option in the lessees to extend the lease for additional terms.3 The lease also granted the defendants an option to purchase the premises “at any time before the expiration of the lease or. any extensions thereof,” if the defendants were not in default. If the purchase price could not be agreed upon, each party was to…