Colorado Property Management Firm Settles for $1 Million in Illegal Billing Probe

Colorado property management firm Four Star Realty has agreed to pay $1 million to the state after an investigation found that it illegally billed tenants for routine apartment services. The settlement, the first under a new state law, will see $980,000 returned to affected consumers. The company, which manages 5,000 rental units, denies many of the allegations but has agreed to the settlement. The state plans to contact former tenants to determine the extent of compensation owed. The attorney general encourages mistreated tenants to report violations, emphasizing the need to advocate and fight for tenant rights.