Moss v. Olson

This case presents the following law question: Is a covenant to renew and extend a written lease for a specified term (upon the.giving of the prescribed notice prior to the expiration of the original term) at a rental to be agreed upon between the parties, enforceable by a decree of specific performance upon the refusal of lessor to carry out his part of such covenant? In other words, is there no remedy for a lessee where a lessor fails to carry out his agreement to come to an -agreement upon a single feature of the lease, to wit: The rental. (We are assuming here that there is no plain,…