Landlords, Legal System Confront Surge Of Rental Fraud
Victor Petrescu is featured in Law360 where he shared his insights about the sharp rise in rental application fraud nationwide. He outlined how social media, AI-generated documents, and tightening housing markets in cities like Miami, Atlanta, and Houston are helping drive the trend. He noted that fraudulent applications can lead to significant losses for landlords, including missed rent, legal fees, and property damage, while also straining already burdened court systems. He also explained practical steps landlords can take to protect themselves, from more thorough applicant interviews to stronger deposit requirements, and explained why courts may eventually need more streamlined processes to manage these cases efficiently.
