Uniform Commercial Code

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.