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Home » US Law » 2022 South Dakota Codified Laws » Title 57A - Uniform Commercial Code » Chapter 02A - Leases » Section 57A-2A-204 – Formation in general.

57A-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.

Source: SL 1989, ch 419, §1.