Indiana – Indiana renters comparing advertised home prices could face a different calculation once mandatory fees entered the picture. A $48.5 million settlement announced by Attorney General Todd Rokita targets that gap between the listed rent and the amount tenants were actually required to pay.
The agreement with Progress Residential, LLC and Pretium Partners, LLC also reaches beyond rental listings. It requires changes involving security deposits, property conditions, maintenance complaints and tenants’ ability to challenge charges or share their experiences.
The companies, described as among the nation’s largest owners and operators of single-family rental homes, agreed to monetary relief totaling $48.5 million for consumers nationwide…