Capital Asset Research Corp. v. Michael Swerdlow Companies, Inc.
Capital Asset Research Corp. v. Michael Swerdlow Companies, Inc.
Opinion of the Court
Capital Asset Research Corporation (Capital) sought to enforce and recover damages for the alleged breach' of an agreement to enter into a commercial lease for office space. See Hughes v. Jemco, Inc., 201 So.2d 565, 567 (Fla. 1st DCA 1967)(A written agreement for a lease is enforceable and is no less a contract than a contract or an agreement for deed).
In this case, we find that there was no enforceable written agreement for a lease. Athough Florida law recognizes that contractual obligations may arise from the parties’ written agreement to subsequently enter into a lease, the agreement must still comply with traditional contract principles. Capital relied upon an August 25, 1994 letter it received from the real estate broker of the sublessor, the Michael
Accordingly, we affirm the final judgment entered for Swerdlow upon its motions for directed verdict. All other issues on appeal and cross-appeal are rendered moot by our affirmance.
AFFIRMED.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.