N.Y. PEP Law § 345
This is the official text of N.Y. PEP Law § 345, part of New York’s PEP Law — part of the compiled statutory law of New York, published by the state as "PEP Law." Browse the sections below, each linked to its official government source.
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Renegotiations and extensions
Official statutory text
§ 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.\n
Status: in_force · Read it on the official government site
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