Pennsylvania § 2A204 Formation in general

Pennsylvania Statutes

§ 2A204 — Formation in general

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 2A2 FORMATION AND CONSTRUCTION OF LEASE CONTRACT

(a)General rule.--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.

(b)Effect of undetermined time of making agreement.--An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.

(c)Effect of open terms.--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.

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(a) General rule.--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.

(b) Effect of undetermined time of making agreement.--An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.

(c) Effect of open terms.--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.

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