Real Estate Rentals
Continental Real Estate Management IncFind BBB Accredited Businesses in Real Estate Rentals.
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Important information
- Government Actions:Pennsylvania Attorney General Announces Settlement with State College Property Manager over Security Deposit Practices
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On April 2, 2019, Office of the Pennsylvania Attorney General announced an Assurance of Voluntary Compliance settlement agreement from Centre County Court of Common Pleas with Continental Real Estate Management.
Bureau of Consumer Protection’s investigation revealed that Continental deducted a 15% “Administrative Fee” from tenants’ security deposits upon termination of leases. The Bureau alleged that the charging of this fee was impermissible under Landlord Tenant Act and in violation of the Consumer Protection Law. Due to the legal action, the property manager has since ceased this practice and will issue refunds to consumers
Under the terms of the settlement, the company paid $30,000 in consumer restitution. Consumers must file a complaint with the Bureau of Consumer Protection within 60 days or May 31, 2019 to be eligible for restitution.
About This Business
Business Details
- BBB File Opened:
- 11/18/1999
- Business Started:
- 10/1/1985
- Business Started Locally:
- 10/1/1985
- Type of Entity:
- Corporation
- Business Management:
- Mr. John D Hanna, President
Additional Contact Information
- Principal Contacts
- Mr. John D Hanna, President
- Customer Contacts
- Mr. John D Hanna, President
- Fax numbers
- Primary Fax: (814) 238-2611
Additional Information
- Business Categories
- Real Estate Rentals
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