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Nov 6, 2026
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Federal Trade Commission
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Enforcement
FTC and four states propose $49.8 million settlement with rental firms
Under the proposed settlement, Progress Residential and Pretium Partners would pay $49.75 million, including $48.5 million to the FTC for consumer redress and $1.25 million to Arizona. The proposed order would require truthful total rental prices and fee disclosures, establish security deposit procedures, and bar certain deductions and nondisparagement clauses.
Importance
Significant
Lenses
Regulatory
Why it matters
The proposed $49.75 million settlement is the FTC’s largest enforcement matter against a landlord and includes consumer redress and rental-practice requirements.
Institution
Federal Trade Commission
Audience
In-house counselCompliance teams
Tags
Commerce and consumersHousing
Sectors
Construction and real estate