Innovation Pharmaceuticals Inc (IPIX)

[Snowy_Owl]

"Cummings would have even sent notice of it going into effect."

I don't think Cummings is one bit interested in nurturing a landlord/tenant relationship because the State of MA seems to have legalized double dipping. In fact there does not seem to be a limit on how many times a single property can be dipped into at the same time.

The Common Wealth of MA's Supreme Judicial Court's "one look" ruling strikes me as a huge opportunity for landlords to take advantage of tenant hardship. It smells somewhat similar to predatory lending.

Let's say someone signs a 5 year lease with Cummings, defaults, and is evicted. Cummings then leases that property to new tenants while their lawsuit against the evicted tenant goes through the courts. "One look" means the courts don't consider the fact the Cummings has been and continues to collect rent on the property in dispute. Thus, the now defunct "second look" that would disclose that Cummings was not experiencing a prolonged loss of rental income is now moot.

What is to prevent Cummings from being intentionally sloppy on background checks with the intent of increasing defaults to the point where there can be suing multiple people for rent on a single property while actively collecting rent from a financially viable tenant on said property?

The bottom line is, the Courts have been for sale since 2010 so it's more important than ever seek legal advice prior to signing anything.

Not a lawyer.