Nevada
Nevada bill seeks to protect renters from ‘hidden’ or ‘junk’ fees
LAS VEGAS, Nev. (FOX5) – A Nevada bill seeks to protect renters from “hidden” or “junk” fees, making sure landlords are transparent with tenants about all monthly rental costs before someone agrees to a lease.
A.B. 121 was brought back, this session, by Assemblymember Venicia Considine. It previously passed both chambers, last session, but was vetoed by Governor Joe Lombardo.
In an effort to curb deceptive advertising, the bill would also require landlords to give tenants a “boiler plate” of a monthly lease disclosing the full amount and all fees, before anyone signs a lease and gives a deposit.
“You have an advertised rate for rent–and then you go in, you put down your non-refundable fees, which could go into the hundreds of dollars–and then you go to sign your lease. You find out that you have all of these fees that nobody has mentioned, and those could add $200, $300 a month to your rent– and you have no ability to opt out of those,” Considine said.
“It’s predatory. That’s why I brought the bill two years ago,” she said.
The bill would also eliminate the fee imposed when renters pay the rent through a designated electronic portal or website.
Robin Crawford, Executive Director of the Nevada State Apartment Association, released the following statement:
“Our organization supports the concept of greater transparency in rental housing fees when it is achieved through well-crafted, balanced legislation. However, AB 121 includes provisions that are unrelated to fee transparency and could create significant compliance challenges for housing providers. We are actively working with the bill sponsor to address these concerns with the goal of supporting a version of the bill that works for both renters and housing providers.”
The FTC has brought legal action against Clark County landlords for such alleged practices. Invitation Homes agreed to pay $48M to renters in Federal Trade Commission settlement, after the FTC alleged fees from “ ‘smart home’ technology and ‘utility management,’ to air filter delivery and internet packages. Renters could not opt out of paying these fees,” a release stated.
Invitation Homes stated that it admits no wrongdoing.
Earlier this year, the FTC announced legal action against Greystar, which manages more than 40 apartment complexes across the Valley.
“No resident at a Greystar-managed community pays a fee they have not seen and agreed to in their lease,” a release from the company stated, vowing to fight the suit.
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