![]() ![]() “This property management company gets an A for cooperating with my Office and responsibly agreeing to change its business practices and provide restitution to consumers,” said Attorney General Josh Shapiro. Consumers must file a complaint with the Bureau of Consumer Protection within 60 days or to be eligible for restitution. Under the terms of the settlement, the company paid $30,000 in consumer restitution. On average, tenants were charged nearly $80.00 in “Administrative Fees” per lease.ĭue to the Attorney General’s action, the State College property manager has since ceased this practice and will issue refunds to consumers. The Bureau alleged that the charging of this fee was impermissible under Landlord Tenant Act and in violation of the Consumer Protection Law. The Bureau of Consumer Protection’s investigation revealed that Continental deducted a 15% “Administrative Fee” from tenants’ security deposits upon termination of leases. HARRISBURG - Attorney General Josh Shapiro today announced a settlement agreement with Continental Real Estate Management, a State College based property manager, following a review of the property manager’s security deposit practices by the Office of Attorney General’s Bureau of Consumer Protection.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |