Formation in general.
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. An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined. 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. “Term”. Section 1-201(42). “Remedy”. Section 1-201(34). “Party”. Section 1-201(29). “Lease contract”. Section 2A-103(1)(l). Definitional Cross References: “Agreement”. Section 1-201(3). Changes: Revised to reflect leasing practices and terminology. Uniform Statutory Source:Section 2-204.
Annotations
July 22, 1992, D.C. Law 9-128, § 2(b), 39 DCR 3830 1981 Ed., § 28:2A-204.
Sourced from the DC Council Open Law Library (public domain).
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