Summary of Invitation Homes deceived renters and will refund $48 million, FTC says
Summary of Invitation Homes deceived renters and will refund $48 million, FTC says
Invitation Homes, the largest landlord for single-family homes, has agreed to pay $48 million to settle federal claims that it deceived renters about lease fees and security deposits. The company was accused of charging 'junk fees' for services like smart-home technology and air filter delivery, and failing to disclose them until after renters signed their leases. The FTC also alleged that Invitation Homes made deceptive claims about the condition of its rental properties and withheld security deposits without cause.
quoting nevent1q…3ua9Invitation Homes deceived renters and will refund $48 million, FTC says
Invitation Homes advertised rental rates without disclosing monthly "junk fees" of up to $1,700 a year, FTC alleges.
https://www.cbsnews.com/news/invitation-homes-deceived-renters-on-fees-ftc-says/
Invitation Homes, the largest landlord for single-family homes, has agreed to pay $48 million to settle federal claims that it deceived renters about lease fees and security deposits. The company was accused of charging 'junk fees' for services like smart-home technology and air filter delivery, and failing to disclose them until after renters signed their leases. The FTC also alleged that Invitation Homes made deceptive claims about the condition of its rental properties and withheld security deposits without cause.