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

New Jersey Statutes

§ 12A:2A-204 — Formation in general

New Jersey § 12A:2A-204

Title 12ACOMMERCIAL TRANSACTIONS

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Bluebook

N.J. Stat. Ann. § 12A:2A-204 (2026).

Text

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.

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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.