In the context of lease agreements, when is a new agreement necessary?

A new lease agreement is necessary when circumstances require recontracting. This can happen in various situations, such as changes in the terms of the lease, changes to the property being leased, or other factors that significantly alter the original agreement. Recontracting allows both parties to ensure that the terms reflect their current intentions and circumstances, reducing the potential for misunderstandings or disputes.

In contrast, simply agreeing to new terms or amending the original contract may not always warrant a completely new agreement. In many cases, amendments can be documented without the need for a full new lease, assuming the original terms sufficiently cover any changes. Likewise, a request from a customer alone doesn't automatically necessitate a new agreement unless the underlying circumstances dictate a need for it.