(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.
An agreement sufficient to constitute a lease contract may be found although themoment of its making is undetermined.
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.
Source: L. 91: Entire article added, p. 281, § 1, effective July 1, 1992.