{"data":{"id":"us-ks/k.s.a.-50-688","jurisdiction":"us-ks","citation":"K.S.A. 50-688","heading":"Renegotiations.","body":"(a) A renegotiation shall occur when an existing lease-purchase agreement is satisfied and replaced by a new agreement undertaken by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. However, events such as the following shall not be treated as renegotiations:\n(1) The addition or return of property in a multiple-item agreement or the substitution of the lease property, if in either case the average payment allocable to a payment period is not changed by more than 25%;\n(2) a deferral or extension of one or more periodic payments, or portions of a periodic payment;\n(3) a reduction in charges in the lease or agreement; and\n(4) a lease or agreement involved in a court proceeding.\n(b) No disclosures are required for any extension of a lease-purchase agreement.","path":["Chapter 50.—UNFAIR TRADE AND CONSUMER PROTECTION","Article 6.—CONSUMER PROTECTION"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch50/050_006_0088.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-10-15T06:18:56Z","sha256":"439fa8a04c881179c43b6352c268cd6e4920aa1d56bd777f5036318dfadbfe28","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-50-687","next":"us-ks/k.s.a.-50-689"},"notice":"GroundRules: Original legal text. Not legal advice."}