UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MINNESOTA
If you are a former renter of a Minnesota property managed by Renters Warehouse and had money deducted from your Security Deposit,
you may be entitled to a payment from a class action settlement.
A federal court authorized this Notice. This is not a solicitation from a lawyer.
-
A Settlement has been proposed in a class action lawsuit against Renters Warehouse, LLC (“Defendant” or “Renters Warehouse”)
claiming it improperly deducted amounts from tenant Security Deposits for ordinary wear and tear in violation of Minnesota laws.
Renters Warehouse denies all wrongdoing and maintains that the owners of the properties it manages make the final decision regarding
Security Deposits, but has agreed to a Settlement to avoid further litigation, including involving the property owners
Renters Warehouse serves.
-
The members of the Settlement Class include all individuals who previously rented or resided in a property located in the
State of Minnesota for which Renters Warehouse served as a property manager during any portion of the tenancy; vacated such tenancy or
moved out of said property between May 31, 2019, and July 16, 2024, for which, as a condition of the lease or other rental agreement, a
Security Deposit was paid or required; whose Security Deposit was the subject of any deduction by or in favor of the owner of the
leased property; and who did not submit to Renters Warehouse, property owner, or a court of competent jurisdiction an objection,
challenge, suit, or other document or action expressing disagreement with the charges applied against the
Security Deposit (“Settlement Class Members”). Settlement Class Members include any individual identified in
Renters Warehouse’s records as a tenant, whether or not such individual personally executed the underlying lease and whether
or not such individual actually contributed to, or received some or all of the return of, any Security Deposit.
-
If the Settlement is approved and becomes final, Settlement Class Members may be sent a
check for their share of the Settlement Fund.
-
Your legal rights are affected regardless of whether you act or don’t act. Read the Notice carefully.
| Your Legal Rights and Options In This Settlement |
Do Nothing and
Receive a Payment
|
If you do not exclude yourself, you will be sent a check when the Settlement is approved and becomes final,
as long as your payment would be at least $5. You will also give up certain legal rights. You will be
bound by the Final Approval Order and will release the Released Claims, meaning that you will not be allowed
to pursue the legal claims raised in this Action against Defendant separately.
|
Exclude Yourself
From the Settlement
|
If you exclude yourself, you will not get a Settlement payment. This is the only option that allows you to be part of
any other lawsuit against the Defendant for the legal claims made in this case and released by the Settlement.
If you are not excluded from the Class, you will be bound by the judgment in the case. If you choose to request
exclusion, you must do so by October 30, 2026 and must do so by writing to the Settlement Administrator.
For more information about how to exclude yourself, see Question 14.
|
Object to the
Settlement
|
You may object to any of the terms of the Settlement Agreement. Your deadline to object is October 30, 2026 and you
must do so by writing to the Settlement Administrator. For more information about how to
submit an objection and what you must include, see Question 19.
|
Go to the Final
Approval Hearing
|
You do not have to attend the Final Approval Hearing, but you are welcome to come at your own expense.
You may ask the Court for permission for you or your attorney to speak about your objection at the
Final Approval Hearing. The Final Approval Hearing is scheduled for December 7, 2026.
For more information, please see Question 21.
|
-
These rights and options—and the deadlines to exercise them—are explained in the Notice.
-
The Court in charge of this case still has to decide whether to approve the Settlement. If the Court denies
final approval, the Settlement will be null and void and the litigation will continue with the Defendant.