Palmieri v. Martino

Plaintiff had leased to the defendant tenant certain premises for three years from January 4, 1918, at a rental of *394$500 per month. The lease provided that the tenant should keep the premises in good repair. It further provided for a deposit of $1,050 by the defendant as security for the faithful performance of all of the terms of the lease, and continued: “ It being expressly understood and agreed that if the party of the second part surrenders said premises or is dispossessed therefrom prior to the expiration of this lease, then in that event the said sum of $1,050 shall belong to the party…