Ullmann Realty Co. v. Hollander

This is an action against a guarantor of a lease. The facts are conceded. The plaintiff, the landlord, leased certain premises to a tenant for five years. The rent for the first three years of the term was $2,000 a year," and for the remaining two years of the term $2,300 a year. During the $2,000-a-year period the landlord, without the consent or knowledge of the guarantor or surety on the lease, reduced the rent $5 a month,, and the rent, at that reduced rate, was paid and received. The parties to the lease- had some differences as to the term of the reduction, but, in a court of competent…