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| Germany's Merkel Snatches Rent Control From Rival Before Election
by Erik Kirschbaum, Reuters
June 10th, 2013
German Chancellor Angela Merkel is advocating vacancy control in rental properties, limiting the rent increases on vacated properties to 10% above what the previous tenants paid. She admits that she stole the policy from the Social Democrats in advance of the election there. |
| Wells Fargo Settles Complaint on Foreclosed Homes
by Danielle Douglas, Washington Post
June 6th, 2013
Wells Fargo has agreed to pay $42 million to settle claims that the bank failed to maintain their foreclosed properties in minority communities, while taking better care of foreclosed properties in majority white communities. |
| Security Deposit Rules in Leno Legislation
by Carolyn Said, San Francisco Chronicle
May 23rd, 2013
State Senator Mark Leno has proposed legislation that would provide greater protections for tenants seeking the return of their security deposits. Landlords would be required to pay interest on deposits, and would face mandatory damages if they were found to have withheld security deposits wrongfully. TT Executive Director Dean Preston is quoted in the article. |
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