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Form a Business

Lease contract; sufficiency to show agreement; conduct; open terms.

MCL 440.2854
in effect
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440.2854. Lease contract; sufficiency to show agreement; conduct; open terms. Sec. 2A204. (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 1 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. Add. 1992, Act 101, Eff. Sept. 30, 1992
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-440-2854Fetched: 10/20/2026

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