Watts Bldg. v. SCHOEL, OGLE

Watts Building Corporation ("Watts") and Schoel, Ogle, and Benton, a partnership, entered into a lease agreement, wherein Schoel, Ogle, and Benton agreed to lease office space from Watts for a term beginning February 13, 1986, and ending January 31, 1989. On November 17, 1988, the lease was extended for two years beginning February 1, 1989, and ending January 31, 1991. The monthly rent amount under the agreement was $4,949.00, due on the first day of each month.

Schoel, Ogle, and Benton paid the rent through April 1990, but abandoned the leased premises prior to May 1, 1990. On May 15, 1990,…