Invitation Homes Settlement - Federal Trade Commission According to the FTC, Invitation Homes advertised one lease price but then charged renters undisclosed fees for things like smart home technology and utility management Deceptive and unfair charges at move-out included charges for normal wear-and-tear, damages that existed before renters moved in, and even renovations
FTC Takes Action Against Invitation Homes for Deceiving Renters . . . The Federal Trade Commission is taking action against Invitation Homes, the country’s largest landlord of single-family homes, for an array of unlawful actions against consumers, including deceiving renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding tenants
Invitation Homes Reaches Agreement with Federal Trade Commission Invitation Homes Inc (NYSE: INVH) (“Invitation Homes” or the “Company”) has reached agreement with the Federal Trade Commission (the “FTC”) resolving the FTC’s civil investigation into certain company business practices
Invitation Homes agrees to pay $48 million to settle claims it saddled . . . The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission that it reaped millions of dollars via deceptive business practices, including forcing tenants to pay undisclosed fees on top of their monthly rent