The U.S. Federal Trade Commission is reportedly planning to sue Greystar Real Estate Partners, the largest apartment landlord in the U.S., for allegedly charging tenants millions of dollars worth of hidden mandatory fees.
The fees ranged from tens to hundreds of dollars per month per tenant, added on top of rent, according to a Bloomberg report. They were related to services like pest control, trash removal, and tenant background checks.
According to Bloomberg, the FTC is expected to allege that Greystar falsely advertised rental prices without these fees, and only told renters about them after they filled out an inquiry form, paid an application fee, or, in some instances, paid a
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