FTC's Invitation Homes Settlement: Federal Consumer Protection …

October 4, 2024. FTC's Invitation Homes Settlement: Federal Consumer Protection Laws In Rental Property Management. Jay Harris and Mark D. Metrey. The Federal Trade Commission …

$48
OFF

Invitation Homes Deceived Renters And Will Refund $48 ... - CBS News

2 weeks from now

Sep 24, 2024 · Invitation Homes has agreed to pay $48 million to settle federal claims that the nation's biggest landlord for single-family homes deceived renters about lease fees and other …

cbsnews.com

$48
OFF

Consumers To Receive $48 Million After Home Renter’s Abuse Case

2 weeks from now

Oct 11, 2024 · According to the Sept. 24 settlement, renters who resided in one of Invitation Homes’ over 33,000 properties between 2018 and 2023 will be beneficiaries of the $48 million.

flcourier.com

$48
OFF

Invitation Homes Landlord Settlement With FTC For $48 Million

2 weeks from now

Sep 25, 2024 · The FTC said it had taken action in Atlanta federal court against Invitation Homes for unfair evictions, withholding security deposits, charging junk fees and deceiving renters …

wcnc.com

$48
OFF

Invitation Homes To Pay $48 Mln Settlement Amid FTC Action For …

2 weeks from now

Sep 24, 2024 · (RTTNews) - The Federal Trade Commission said it is taking action against Invitation Homes Inc. (INVH), the largest landlord of single-family homes in the country, for a …

nasdaq.com

FAQs about FTC's Invitation Homes Settlement: Federal Consumer Protection … Coupon?

Did invitation homes'refund' $48 million to residents?

You’d probably feel deceived. That’s what the FTC says Invitation Homes did to its residents and people looking for housing. And that’s why Invitation Homes, one of the largest single-family home landlords in the country, will be refunding $48 million to residents and changing its practices. ...

Will Invitation Homes pay a $48 million settlement?

Invitation Homes has agreed to a proposed settlement order that would require the company to turn over $48 million to be used to refund consumers harmed by its actions. ...

How does the FTC settlement impact rental operations?

Below are the key provisions of the FTC settlement with Invitation Homes, with implications for rental operations: The agency alleged that consumers were misled by the failure to disclose mandatory fees for services in advertised rental prices. ...

Why did Invitation Homes pay $48 million for deceiving renters?

REUTERS/Andrew Kelly/File Photo (Reuters) - The U.S. Federal Trade Commission on Tuesday said Invitation Homes, the largest landlord of single-family homes in the United States, would pay more than $48 million as part of a settlement order over deceiving renters about lease costs and charging undisclosed junk fees. ...

What happened to Invitation Homes?

These include misleading renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding security deposits upon move-out. Invitation Homes has agreed to a proposed settlement that mandates the company pay $48 million to refund consumers harmed by its actions. ...

What does the invitation homes settlement entail?

Besides the money, the Invitation Homes settlement calls for these fixes: Invitation Homes is prohibited from deceiving consumers about the real rental price of a house and must disclose mandatory fees. The landlord cannot withhold security deposits for damages that are part of normal wear and tear. ...