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Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
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Progress Residential has stated its fees adhere to basic industry standards. Complaints drew little attention until the COVID-19 pandemic where residents were evicted from their house if they were unable to pay rent despite the economic conditions and the COVID-19 eviction moratoriums issued by the CDC. Pretium has stated that no resident ...
Equity Residential's (EQR) Q4 results reflect better-than-expected rental income. The company is experiencing better operating trends with sequential improvement in physical occupancy and pricing.
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Each resident or resident household has membership in the co-operative association. In non-equity cooperatives, members have occupancy rights to a specific suite within the housing co-operative as outlined in their "occupancy agreement", or "proprietary lease", [5] which is essentially a lease. In ownership cooperatives, occupancy rights are ...
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Typical interest rates on home equity loans are lower than those of the average credit card and personal loan, and tapping into your home's value to pay off high-interest debt could significantly ...