Layfield v. Turner Advertising Co.

Pope, Judge.

Zack T. Layfield, appellant, owned real estate which he had *825leased to Turner Advertising Company, appellee. Appellant sold the property to Meyers Parking System, Inc., representing at closing that there were no encumbrances on the property other than a lease agreement. After the sale of the property, Meyers wrote appellee stating, inter alia, that it wished to exércise the cancellation clause in the lease agreement dated September 1, 1981. Appellee forwarded the letter to its legal counsel, who, in turn, requested a copy of the lease existing between appellee and appellant.…