The Federal Trade Commission announced it will distribute more than $47 million in refunds to consumers who were allegedly deceived by Invitation Homes, a major corporate landlord.

The refunds stem from a 2024 government lawsuit that accused Invitation Homes of deceiving renters about lease costs and engaging in other unlawful practices. The company was specifically accused of charging undisclosed fees to tenants.

According to complaints filed against the company, renters reported being charged for normal wear-and-tear when they moved out of properties. Tenants also alleged they were billed for pre-existing damage that existed before their tenancy and even charged for renovations to the properties.

The FTC's action represents one of the larger consumer refund programs involving rental housing practices. Invitation Homes operates as a corporate landlord managing residential rental properties across multiple markets.

Eligible consumers who were affected by the alleged deceptive practices will receive refund checks as part of the settlement. The FTC has not yet announced the timeline for when the refunds will be distributed or the specific criteria for determining which renters qualify for compensation.