Ark. Code § 4-2A-204

Current with legislation from 2024 effective through May 3, 2024.
Section 4-2A-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 (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.

Ark. Code § 4-2A-204

Acts 1993, No. 439, § 1.