FTC and Colorado Sue Greystar Over Alleged Hidden Rental Fees

The lawsuit accuses the nation's largest property manager of deceptive practices that misled renters about the true cost of housing.

The FTC and Colorado Attorney General filed a lawsuit against Greystar, alleging deceptive advertising and hidden fees in rental agreements.
The lawsuit claims Greystar withheld information about mandatory fees, such as trash collection and pest control, until after application fees were paid or buried them in lengthy lease agreements.
Greystar manages approximately 800,000 rental units nationwide and allegedly made over $100 million from hidden fees in states including Colorado, Utah, California, and Nevada.
The bipartisan FTC commission unanimously supported the lawsuit, which cites violations of the FTC Act and the Colorado Consumer Protection Act.
Greystar denies the allegations, stating that all fees are disclosed in leases and accusing the FTC of pursuing litigation based on flawed legal theories.