North Dakota Century Code Title 47. Property § 47-15.1-06. Renegotiation for new agreement--Extensions

1. A renegotiation of an agreement occurs when an existing consumer rental purchase agreement is satisfied and replaced by a new agreement undertaken by the same lessor and consumer. A renegotiation is considered a new agreement requiring new disclosures. The following events may not be treated as a renegotiation:

2. No disclosure is required for any extension of a consumer rental purchase agreement under the same terms as the original agreement except for the extension.