Miami Beach Vacations, Inc. v. Wofford

On June 15, 1965, the appellee Olive Wofford entered into a written lease by which she leased to Miami Gray Line Boats, Inc., a dockage area on Lake Pan-coast, in Miami Beach. The lease was for a term of five years beginning July 1, 1965, at a stipulated rental of $1,125 per month. It contained a provision for renewal, to be exercised by the lessee by written notice by registered mail given not later than one year prior to the end of the term. The rental during the renewal term of five years was to be $1,500 per month. The lessee made a security deposit of $13,500, provided for in the lease…