{"data":{"id":"us-ny/n.y.-personal-property-law-345","jurisdiction":"us-ny","citation":"N.Y. Personal Property Law § 345","heading":"Renegotiations and extensions","body":"§ 345. Renegotiations and extensions. 1. A renegotiation is a new\nlease which is subject to the disclosure requirements of section three\nhundred thirty-seven of this article.\n  2. The disclosure requirements of section three hundred thirty-seven\nof this article are not applicable to any extension of a retail lease\nagreement. An extension of a retail lease agreement need not be signed\ncontemporaneously by the holder and the lessee if the extension is\ntransacted by mail, is for a period of twenty-four months or less and is\nfirst signed by the holder prior to signature by the lessee.","path":["Personal Property Law","Article 9-A. Motor Vehicle Retail Leasing Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PEP/345","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"80a5503957eb3eace7669f383bae5da1d07ffd6857293891c21f2e90445dd748","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-personal-property-law-344","next":"us-ny/n.y.-personal-property-law-346"},"notice":"GroundRules: Original legal text. Not legal advice."}