New Mexico § 55-2A-206 Offer and acceptance in formation of lease contract

New Mexico Statutes

§ 55-2A-206 — Offer and acceptance in formation of lease contract

New Mexico § 55-2A-206

Ch. 55Uniform Commercial Code

Art. 2ALeases

This text of New Mexico § 55-2A-206 (Offer and acceptance in formation of lease contract) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 55-2A-206 (2026).

Text

(1)Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances.

(2)If the beginning of a requested performance is a reasonable mode of acceptance, an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance.

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(1) Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances. (2) If the beginning of a requested performance is a reasonable mode of acceptance, an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance.