- (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.
Uniform Commercial Code Comment
“Term”. Section 1-201(42).
“Remedy”. Section 1-201(34).
“Party”. Section 1-201(29).
“Lease contract”. Section 2A-103(1)(l).
Definitional Cross References: “Agreement”. Section 1-201(3).
Changes: Revised to reflect leasing practices and terminology.
Uniform Statutory Source:Section 2-204.
History
July 22, 1992, D.C. Law 9-128, § 2(b), 39 DCR 3830
Prior Codifications
1981 Ed., § 28:2A-204.