Idaho Statutes

§ 28-12-204 — FORMATION IN GENERAL

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT·Ch. 12 UNIFORM COMMERCIAL CODE — LEASES
(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 (1) 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.

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Legislative History

[28-12-204, added 1993, ch. 287, sec. 1, p. 984.]

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