Rego v. Decker

RABINOWITZ, Justice.

Appellant Joseph Regó and his wife leased land with a three bay service station on it to appellee Robert Decker for one year, 1966. The rent was to be $65 per month, plus 2 cents per gallon on all gasoline sold in excess of 4,000 gallons per month and “a sum equal to the net profit realized from the sale of diesel fuel.” The Regos agreed in part to pave the grounds with asphalt before July 31, 1966. Under the lease Decker was given an option to renew for four years on the same terms except that the minimum rent was to be increased to $125 per month during 1969 and 1970.…