{"data":{"id":"us-or/ors-72a.2040","jurisdiction":"us-or","citation":"ORS 72A.2040","heading":"Formation in general.","body":"(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.\n      (2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.\n      (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.","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 72A — Leases"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors072A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"9f82cc232780d76cbd25fd55af25f045dd1ecf32d6817228606c655535189145","source_id":"us-or","stale":false,"prev":"us-or/ors-72a.2030","next":"us-or/ors-72a.2050"},"notice":"GroundRules: Original legal text. Not legal advice."}