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BOLSA PROPERTIES VS JANDEL LIMITED

2019

HIGH COURT

GHANA

CORAM

  • HER LADYSHIP, JUSTICE GIFTY AGYEI ADDO

Areas of Law

  • Property and Real Estate Law
  • Contract Law
  • Civil Procedure

AI Generated Summary

This case involves a dispute over unpaid rent between a landlord (Plaintiff) and tenant (Defendant). The Plaintiff let out a property to the Defendant in January 2016 for a monthly rent of USD$11,000.00. By July 31, 2018, the total outstanding rent stood at USD$100,191.79. The Plaintiff filed a lawsuit seeking payment of the owed rent, interest, and an order for the Defendant to vacate the property. Initially, a default judgment was entered in favor of the Plaintiff, but it was later set aside due to irregular service. The Defendant filed a counterclaim, challenging the lawfulness of pricing rent in US dollars and claiming the rent was unconscionable. Before the trial could proceed, the parties agreed to settle out of court. They filed terms of settlement, which were adopted as a consent judgment. The settlement required the Defendant to pay the full amount owed (USD$100,191.79) in monthly installments of USD$5,000 over 21 months, with the provision that if the Defendant defaults on any payment, the Plaintiff can execute for recovery of the entire sum.

JUDGMENT