A Landlord’s Cautionary Tale- How a $50 Late Fee Became a $43 Million Problem: Munguia‑Brown v. Equity Residential
Late fees have long been treated as a routine lease provision, rarely questioned and often enforced as a matter of course. For many landlords, they have been viewed as a modest deterrent, a standard contractual term, and an administratively convenient way to address delinquent rent. However, the decade‑long class action in Munguia‑Brown v. Equity Residential shows just how risky those assumptions can […]
