Wilder Mobile Homes, Inc. v. State

Claimant was the owner of four model 11-70-23 Monarch Industries mobile homes. Ry an instrument dated May 16, 1974, Claimant leased to Respondent these mobile homes for a 12-month minimum period commencing June 1, 1974, for $2,100.00 per month (attachment 2 of Departmental Report). It was provided in this agreement that upon termination of this agreement that the Respondent would have the option to renew this agreement on a monthly basis or should the Claimant decide to abandon their property the parties could agree upon a price for the property at which time ownership would pass to the…