Formation in general

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§2-1204. Formation in general

(1).  A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of a lease contract.  

[PL 1991, c. 805, §4 (NEW).]

(2).  An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.  

[PL 1991, c. 805, §4 (NEW).]

(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.  

[PL 1991, c. 805, §4 (NEW).]

SECTION HISTORY

PL 1991, c. 805, §4 (NEW).


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