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§ 2A204. Formation in general

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial Code

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 13 Pa.C.S.A. Commercial Code (Refs & Annos)
Division 2a. Leases (Refs & Annos)
Chapter 2A2. Formation and Construction of Lease Contract
13 Pa.C.S.A. § 2A204
§ 2A204. Formation in general
(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.

Credits

1992, July 9, P.L. 507, No. 97, § 3, effective in one year.
13 Pa.C.S.A. § 2A204, PA ST 13 Pa.C.S.A. § 2A204
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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