Open in App
  • Local
  • Headlines
  • Election
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Edmond Thorne

    Invitation Homes Inc. Faces FTC Action: Florida Tenants Could See Refunds

    1 days ago
    https://img.particlenews.com/image.php?url=3p8Tl5_0w3fwXor00
    Invitation Homes ComplaintPhoto byOCMM

    Thousands of Florida renters may be eligible for compensation as federal regulators take action against one of the nation's largest corporate landlords, Invitation Homes Inc.

    Fort Lauderdale, FL— Invitation Homes Inc., the largest landlord of single-family homes in the United States and Florida, has been scrutinized by the Federal Trade Commission (FTC) for a series of alleged deceptive practices. The FTC's complaint against the company includes accusations of misleading renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding tenants' security deposits.

    The FTC alleges that these practices have affected tens of thousands of renters, primarily in sunbelt states like Florida, where Invitation Homes owns and manages a significant portfolio of single-family rental properties. With its large rental market, Florida is one of the states where Invitation Homes have a substantial presence. The company owns and manages approximately 14,000 homes in the state, concentrated in major metropolitan areas such as Miami, Tampa, and Orlando.

    Company Response and Future Implications
    Invitation Homes has not yet publicly responded to the FTC's complaint. However, the action against such a prominent player in the corporate landlord industry could have far-reaching implications for the single-family rental market.

    Housing advocates hope this case will lead to increased scrutiny of other large corporate landlords and potentially result in stronger protections for renters nationwide.

    Tenant Experiences and Concerns
    Current and former tenants have shared numerous stories of their negative experiences with Invitation Homes. Many report being charged exorbitant fees for minor issues, such as small scratches on walls or floors. Others have claimed that the company failed to address maintenance requests promptly, leading to further damage and additional costs for tenants.

    One former tenant, who wished to remain anonymous, described their experience: "I lived in an Invitation Homes property for two years. When I moved out, they charged me thousands of dollars for repairs that weren't my responsibility. I tried to contest the charges, but they just kept sending me bills. It's been a nightmare."

    The FTC Complaint
    The FTC's action against Invitation Homes Inc. is a significant development in the realm of consumer protection. The complaint alleges that the company engaged in a variety of unlawful actions, including:

    • Deceptive Pricing and Junk Fees: Invitation Homes advertised monthly rental rates that did not include mandatory junk fees, which could total more than $1,700 yearly. These fees included nonrefundable application fees, reservation fees, and charges for services such as "smart home" technology and "utility management."
    • Failure to Inspect Homes: The company allegedly failed to inspect homes before residents moved in, leading to tenants moving into properties with significant maintenance issues.
    • Unfair Withholding of Security Deposits: Invitation Homes was accused of unfairly withholding tenants' security deposits for charges that residents did not owe, including for normal wear and tear and pre-existing damage.
    • Unfair Eviction Practices: During the pandemic, the company allegedly misled tenants about eviction policies and pursued eviction proceedings even after tenants had moved out.

    Proposed Settlement
    Invitation Homes has agreed to pay $48 million to refund consumers harmed by its actions as part of a proposed settlement. The company will also be required to:

    • Clearly disclose leasing prices, including all mandatory fees.
    • Establish policies and procedures to handle security deposit refunds fairly.
    • Cease other unlawful behaviors, including deceptive advertising and unfair eviction practices.

    What Current and Former Tenants Can Do
    Current and former tenants of Invitation Homes in Florida have several options to seek justice and ensure their rights are protected:

    • Document Everything: Keep detailed records of your interactions with Invitation Homes, including emails, text messages, and photos of any maintenance issues or unsafe conditions.
    • File a Complaint: Tenants who believe they have been affected by Invitation Homes' practices can file a complaint with the FTC. This can be done online through the FTC's website.
    • Seek Legal Advice: Consulting with a tenant rights attorney can provide tenants with guidance on how to proceed with their claims. Legal professionals can help tenants understand their rights and navigate the complexities of landlord-tenant law.
    • Join Class Action Lawsuits: In some cases, tenants may be eligible to join class action lawsuits against Invitation Homes. These lawsuits can provide a collective means for tenants to seek compensation and hold the company accountable for its actions.
    • Stay Informed: Keeping up-to-date with the latest developments in the case and understanding the terms of the proposed settlement can help tenants make informed decisions about their next steps.
    • Join or Form Tenant Associations: Connect with other Invitation Homes tenants in your area to share information and resources.

    Forward Together
    The FTC's action against Invitation Homes Inc. reminds us of the importance of transparency and fairness in the rental market. For tenants in Florida, understanding their rights and taking proactive steps can help ensure they are treated fairly and justly.

    Invitation Homes Inc.'s practices underscore the need for greater regulation and oversight in the single-family rental market. As the investigation progresses, tenants hope that justice will be served and that the company will be held accountable for its alleged deceptive practices.

    We appreciate you taking the time to read this article. Your opinions and ideas mean a lot to us. Please join the conversation and share your thoughts by leaving a comment and hitting the LIKE, SHARE, and FOLLOW buttons. Your engagement is truly appreciated.

    For more information, you can visit the following sources:

    1. FTC Complaint Assistant
    2. FTC Press Release on Invitation Homes Complaint
    3. Invitation Homes Official Website
    4. Florida Attorney General's Office


    Expand All
    Comments / 1
    Add a Comment
    Brintee
    5h ago
    they we're the worst. they charged me to re mulch the front yard for sun fading of the mulch. they charged me for so many things that were ALL lies. they charged me for a screen that they refused to repair after the hurricane ripped it out. worst rental company ever.
    View all comments
    YOU MAY ALSO LIKE
    Local News newsLocal News
    Robert Russell Shaneyfelt27 days ago
    The Shenandoah (PA) Sentinel4 days ago
    Alameda Post21 days ago

    Comments / 0