EVELYN AKU ANKRAH AND SAMUEL PEDRO ANKRAH vs. KEDA DEVELOPMENT CO. LTD.

The Plaintiff is claiming per his writ of summons:— "a. Recovery of the sum of US$131,705.46 payable in cedis at the Forex Bureau rate being arrears of rent due and payable up to February 2006 in respect of property No.57, Examination Loop, North Ridge Residential Area, Accra. b. Termination of the Agreement dated the 17th August. c. Recovery of possession of property No.57, Examination Loop, North Ridge Residential Area. d. Prevailing Bank Interest on amount due". The claim relates to property leased to the defendant by the plaintiff for a term of 15 years at a monthly rent of $6,000. Plaintiff pleads the mode of payment of the rent in paragraph 4 of the statement of claim:— "The plaintiff avers that the defendant by the term of the lease Agreement was expected to pay 50% of the rent by the plaintiff for the first five years and thereafter 60% of the rent for sixth to the tenth year of the sublease and finally 70% or a rent tenth to the end of the lease". According t...