JCM Partners is a landlord owning more than forty apartment complexes and more than five thousand rental units. They are being sued along with several of its officers and directors under federal RICO class action laws in California Federal Court.
The main claims made in the suit are that JCM Partners require late fee payments that are illegal under California law, that they withhold security deposits for late fees illegally, that they don’t inspect vacated apartments so that tenant get their deposits back within the 21 day provision required by California law and that they illegally charge for normal wear and tear. Most interestingly, they are claiming the defendants violated anti-racketeering laws by conspiring through the fraudulent use of the U.S. mail.
Complaint courtesy Courthousenews
Tags: apartment owners, class action, landlord tenant relations, landlords, Linkedin, RICO
Leave a Reply