Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 2-A-204 — Formation in General
N.Y. U.C.C. Law § 2-A-204
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 2-A-204. Formation in General.
Citator
N.Y. U.C.C. Law § 2-A-204 — Formation in General is in force in the current edition of the Code, and nothing recorded condemns it.
Section 2-A-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.