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Rent To Own Statutes Affecting Your Business
Although the judiciary, symbolized by a blindfolded woman holding a balance, is supposed to be impartial - we all know better. While most federal judges are appointed for life in order to relieve political pressure on them, state court judges usually have to run for office and get themselves elected just like any other politician. Thus, in adddition to the vagaries of different rent to own state laws, the RTO legal situation is complicated by the fact that these laws are adjudicated by judges susceptible to political pressures. And, the record is that over the years many rent to own issues have been treated unfairly and inconsistently by judges in all state courts, from small claims to bankruptcy to appellate courts. State supreme courts in particular have been quite harsh for RTO businesses. The issue of lease versus sale has so far been reviewed in five state supreme courts, with two losses and three wins for the industry. The Association of Progressive Rental Organizations is instrumental in monitoring all state legislation which affects the RTO industry. Throughout the country there average twenty-five bills each year which can affect RTO and most of them are prejudicial. APRO is vigilant in fighting to assure a legal evironment in which RTO can thrive.
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