2025 Session
Last amended: 1989 session
§ 336.2A-204 — Formation in General
Plain-Language Summary
A lease can be formed in any way that shows the parties agreed, even if the exact moment of agreement is uncertain or some terms are left open.
336.2A-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.
History:
1989 c 232 art 1 s 2A-204
History: History: 1989 c 232 art 1 s 2A-204
Practical Notes
A lease does not need to be in a formal document to be binding. If both sides act like there is a lease, there is one.