§ 70A-2a-204. Formation in general.  


Latest version.
  • (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.
Enacted by Chapter 197, 1990 General Session