Giovanola v. Fort Lee B. L. Assn.

On May 15th, 1936, the complainant became a monthly tenant in the defendant's premises, No. 417 Washington Terrace, Leonia, New Jersey. He deposited as security for rent the sum of $60, which sum was to be applied to the last two months of his occupancy of the premises. Negotiations were entered into between the complainant and the defendant for the purchase and sale of the premises.

On April 21st, 1937, the defendant, through its secretary, wrote a letter to the complainant to the following effect:(a) That it would enter into no contract at the present time to sell the house in which the…