{"data":{"id":"us-nm/55-2a-206","jurisdiction":"us-nm","citation":"55-2A-206","heading":"Offer and acceptance in formation of lease contract.","body":"(1) Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances.\n(2) If the beginning of a requested performance is a reasonable mode of acceptance, an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance.\nOFFICIAL COMMENTS\nUCC Official Comments © by ALI \u0026 the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.\nUniform Statutory Source. - Section 2-206(1)(a) and (2) [55-2-206 NMSA 1978].\nChanges. - Revised to reflect leasing practices and terminology.\n\"Lease contract\". Section 2A-103(1)(l) [55-2A-103 NMSA 1978].\n\"Notifies\". Section 1-201(26) [55-1-201 NMSA 1978].\n\"Reasonable time\". Section 1-204(1) and (2) [55-1-204 NMSA 1978].","path":["Chapter 55 - Uniform Commercial Code","ARTICLE 2A Leases"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18558/index.do","current_through":"2024-04-27","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"2daa6dc8eadc29bdbcda05a2b3a1f2907a718a623976fbc2e80f1bc527d686f6","source_id":"us-nm","stale":false,"prev":"us-nm/55-2a-205","next":"us-nm/55-2a-207"},"notice":"GroundRules: Original legal text. Not legal advice."}