Sometimes this medium makes it hard for people to interpret at their end what is meant at our end.  

As the the lines get blurred on who is interpreting the definition of these terms correctly, the desire from the owner to update a property that from the naked eye needs work should be absolutely heard.

Then of course look up the actual laws as shown above versus just going off others' interpretation.

I’m just trying to point out that you heard it and interpreted it as presenting a less than ethical message about bankruptcy and BP should be more cognizant of that.

@Atul Mohlajee  That's how I would interpret it too, it's in the lease and they would probably win in court. 

Different people can interpretate the policy differently.

Keeping in mind that I am not a lawyer in any state, and, therefore, can only interpret laws for entertainment purposes...

I realize the subjective nature of this question and how open to interpretation it is which is intentional to elicit a multitude of different responses.

Each State has it's own interpretation.

We also see this on the construction side, with varying interpretations of code - so a large part of our job is advocating for homeowners to push back on local jurisdictions requiring improvements that CA state law prohibits.