§490:2A-204 - Formation in general.
§490:2A-204 Formation in general. (a)
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.
(b) An agreement sufficient to constitute a
lease contract may be found although the moment of its making is undetermined.
(c) 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. [L 1991, c 40, pt of §1]