CHARLESTON, S.C. (WCBD) – A Charleston-based property management company has agreed to pay more than $1.4 million to resolve claims that it imposed unlawful fees on military servicemembers, according to the Justice Department.
Greystar Real Estate Partners LLC (Greystar), which manages more than 800,000 housing units nationwide, was accused of violating the Servicemembers Civil Relief Act by charging illegal fees to military personnel who terminated their leases early after receiving relocation orders.
The Justice Department alleges the company relied on “software that it knew would automatically impose early termination charges on SCRA-protected servicemembers” and left it to individual employees to manually overturn the charges, which ranged from hundreds to thousands of dollars…