Facts: Piquancy Enterprises Ltd. entered into a commercial lease with Centurion Apartment Properties, but failed to take possession or make lease payments, alleging a venting issue known prior to lease signing.
Issue: Piquancy claimed the lease was unenforceable due to misrepresentation, mistake, and/or frustration over the venting issue.
Court's Ruling: The court rejected Piquancy's arguments, finding the lease enforceable and holding Piquancy and its directors liable for breach of lease.
Damages Awarded: Centurion was awarded $30,016.39 in damages.
