RealPage rental settlement notice sets deadlines for renters
The notice covers renters who paid rent on qualifying multifamily properties during the stated class period and outlines claim, exclusion, objection and hearing dates.
A settlement notice in the RealPage rental software antitrust case says proposed cash settlements total $359,925,000 and sets deadlines for renters who may be covered.
Proposed cash settlements totaling $359,925,000 have been reached in the RealPage rental software antitrust litigation, according to a PR Newswire notice about the case. The notice says renters and other class members may need to meet set deadlines if they want to file a claim, object or exclude themselves from the settlement class.
The notice identifies who may be included in the settlement class and outlines the steps for seeking money from the fund. It also says no payments will be made yet and that the court has not decided who is right or wrong in the case.
The litigation is titled In re: RealPage, Inc., Rental Software Antitrust Litigation (No. II), Case No. 3:23-MD-3071; MDL No. 3071, pending in the U.S. District Court for the Middle District of Tennessee, Nashville Division. The notice says the settlement class includes people and entities in the United States and its territories who paid rent on at least one multifamily residential real estate lease directly to an owner, manager or owner-operator, including related divisions, subsidiaries, predecessors, agents or affiliates, for a property subject to a license for RealPage's Revenue Management Solutions, Lease Rent Options, YieldStar and/or AI Revenue Management during the period from Oct. 18, 2018, through Nov. 21, 2025.
According to the notice, plaintiffs allege that defendants violated federal and state antitrust laws by conspiring to fix and inflate multifamily rental prices and by exchanging competitively sensitive rental pricing and leasing information. The settling defendants deny wrongdoing and say they have valid defenses, the notice says. The court has not decided who is right or wrong.
Under the schedule listed in the notice, claim forms must be submitted by Jan. 29, 2027, and received by 11:59 p.m. EST that day. Requests to exclude yourself from the settlement class and objections to the settlements, the plan of allocation, attorneys' fees, costs, expenses or service awards must be filed by Sept. 1, 2026.
A fairness hearing is set for Oct. 15, 2026, at 1 p.m. Central time before Judge Waverly D. Crenshaw Jr. in Courtroom 5D of the Fred D. Thompson United States Courthouse in Nashville, Tennessee. The notice says claim forms are available at www.RealPageRentalSettlement.com and that exclusion requests cannot be made by telephone or email.
Claim forms and settlement information are available at www.RealPageRentalSettlement.com, and the settlement administrator can be reached by website, toll-free phone, email or mail, according to the notice.
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Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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