Mich. Comp. Laws § 440.2854
Lease contract; sufficiency to show agreement; conduct; open terms.
Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective
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- Citation
- Mich. Comp. Laws § 440.2854, Lease contract; sufficiency to show agreement; conduct; open terms, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1361863
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Full text
(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.