Alaska Statutes: AS 45.12.204. Formation in General.

Alaska Statutes. Title 45. Trade and Commerce Chapter 12. Leases Section 204. Formation in General.

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AS 45.12.204. Formation in General.

(a) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of a lease contract.
(b) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.
(c) 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.

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