(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. [1989 c.676 §13]
Section: Previous 72A.1070 72A.1080 72A.1090 72A.1095 72A.2010 72A.2020 72A.2030 72A.2040 72A.2050 72A.2060 72A.2070 72A.2080 72A.2090 72A.2100 72A.2110 NextLast modified: August 7, 2008