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The Department of Justice sues real estate tech company RealPage, alleging its software enables landlords to hike rents higher than they otherwise could. U.S. sues RealPage, alleging its software ...
The Justice Department on Friday filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled a collusion among landlords to inflate rents for millions ...
RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which has been accused of antitrust violations and price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and ...
The law requires that landlords act in "in good faith to take the unit permanently off the rental market" when withdrawing a property from the rental market. A family in Los Angeles successfully sued the landlord and, in a jury trial, won the right to remain in the rental, because they demonstrated that the landlord was not acting in good faith ...
Subdivision laws enforced by the Department help ensure that subdividers deliver to buyers what was agreed to at the time of sale. Before subdivided real property can be marketed in California, subdividers must obtain a public report from the Department disclosing to prospective buyers pertinent information about a particular subdivision. [9]
Founded in 1998 by Steve Winn, RealPage Inc. is a multinational company that offers a variety of technology-based services to real estate owners and property managers, including revenue management ...
[48] [49] In the City of Los Angeles, the date is October, 1978. [50] [51] These exemptions, however, may leave most of a city's total rental stock under rent control. For example, in San Francisco, as of 2014, about 75% of all rental units were rent controlled, [52] and in Los Angeles in 2014, 80% of multifamily units were rent controlled. [53]: 1
The world’s largest property management company, with more than 100 local communities, has appeared as a defendant in price collusion cases. Skip to main content. 24/7 Help. For premium support ...