12A:2A-204 - Formation in general - New Jersey Statutes

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.