Consideration of all the facts and factors in this case leads us to the conclusion that the reasonable rent of the premises in question should be $13,741 per year which sum is computed by disallowing depreciation at the rate of 2% amounting to $2,200 and allowing 6% of $170,000, being the value of the premises of which the value of the land is $60,000, or $10,200, and expenses of $3,541, totaling $13,741.
Order appealed from unanimously modified accordingly and, as...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.