Sec. 2A-204. Formation in general.
91 words·~1 min read·
/il/chapter-810/act-5/2a-204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 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.