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U.C.C. - ARTICLE 2A - LEASES
..PART 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT

§ 2A-204. FORMATION IN GENERAL.

  • (1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease contract.
  • (2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.
  • (3) Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy.
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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.