FTC Takes Action Against Invitation Homes for Deceiving Renters, Charging Junk Fees, Withholding Security Deposits, and Employing Unfair Eviction Practices

Invitation Homes has agreed to a proposed settlement order that would require the company to turn over $48 million to be used to refund consumers harmed by its actions.

The Federal Trade Commission is taking action against the country’s largest landlord of single-family homes for an array of unlawful actions against consumers.

The corporate landlord will also be required to clearly disclose its leasing prices and establish policies to handle security deposit refunds fairly.

Invitation Homes has used unfair eviction practices, including during the COVID-19 pandemic when national restrictions on evictions were in place.

The company would be required to turn over $48 million to the FTC to be used to provide refunds to consumers harmed by the company’s unlawful actions.

The settlement must be approved by a federal judge before it can go into effect.

The FTC files a complaint when it has “reason to believe” that the named defendants are violating or are about to violate the law.

Stipulated final injunctions/orders have the force of law when approved and signed by the District Court judge.

The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize.