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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 2a:

      Section: 12A:2a-204: Formation in general

           12A: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.

L.1994,c.114,s.1.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 12a:2a-204 (if available):



Court decisions that cite this statute: CLICK HERE.