North Carolina General Statutes § 25-2A-204 Formation in general

(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. (1993, c. 463, s. 1.)

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Last modified: March 23, 2014