2013 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 2-A: LEASES
11 §2-1204. Formation in general


ME Rev Stat § 2-1204 (2013 through 126th 1st Sp Sess) What's This?

Part 2: FORMATION AND CONSTRUCTION OF LEASE CONTRACT

2-1204. Formation in general

(1). A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of a lease contract.

[ 1991, c. 805, 4 (NEW) .]

(2). An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.

[ 1991, c. 805, 4 (NEW) .]

(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.

[ 1991, c. 805, 4 (NEW) .]

SECTION HISTORY

1991, c. 805, 4 (NEW).

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