Landlords and businesses would be required to advertise the full price of their services under new legislation introduced in the Colorado House.
The U.S. Federal Trade Commission and the State of Colorado have filed a complaint against Greystar, a multi-family rental property manager, alleging that it deceived consumers about rental costs with hidden fees,
The Colorado Attorney General's office filed a lawsuit against apartment rental company Greystar for charging “junk fees.” The lawsuit was filed in Denver federal district court against Greystar, which is one of the largest providers of rental housing in Colorado managing approximately 45,
The Federal Trade Commission and the state of Colorado filed a lawsuit against Greystar Management Cooperation.
Colorado and the FTC say Greystar Real Estate and Property fraudulently advertises low rent prices to potential customers, only to add tens if not hundreds to the monthly rent cost with hidden fees.
The new suit comes as Colorado lawmakers, consumer advocates and regulators are calling for better regulation around hidden fees, particularly in housing. Democratic lawmakers plan to unveil a bill to better regulate hidden fees next week. The FTC appears ...
The FTC and Colorado AG Phil Weiser filed a lawsuit against Greystar, accusing the corporate landlord of using deceptive advertising and jacking up the rental price through undisclosed "junk fees."
Greystarwas sued by the Federal Trade Commission Thursday over allegations that the nationwide manager of apartment buildings, stuck renters with millions of dollars in hidden fees.
Colorado lawmakers are hoping to lower the high cost of living through legislation focused on price gouging, "junk fees" and housing prices.
Phil Weiser sued Greystar for using “deceptive advertising” to lure renters, “then fleecing those tenants out of millions of dollars by charging mandatory, fixed fees not included in the advertised price for an apartment.
The effort got a boost last week from an outgoing Federal Trade Commission official, who sent a letter to Gov. Jared Polis urging the state to target so-called “junk fees.”
The FTC goes on to allege at some Greystar-managed properties, hidden fees are bundled together and referred to collectively as an "amenity fee," "community fee," or "lifestyle fee" without being further explained on a tenant's account statement.