Colorado reaches settlement over alleged rental ‘junk fees’

(The Center Square) – The Colorado Attorney General’s office has reached a $24 million settlement with apartment rental company Greystar for it allegedly charging “junk fees.”

The lawsuit was filed in Denver federal district court in January against Greystar, which is one of the largest providers of rental housing in Colorado managing approximately 45,000 units.

“Addressing deceptive and hidden fees that trick consumers out of their hard-earned dollars is a top priority for our department,” said Colorado Attorney General Phil Weiser. “In this case, we took action against Greystar for doing just that and have held them accountable for their conduct, which jacked up rents. Other landlords are on notice that cheating tenants won’t be tolerated in Colorado.”…

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