Tricon Residential Lawsuits

Tricon Residential is a Canada-based real estate company that acquires single-family homes in multiple U.S. states, focusing particularly on the Southern states. Tricon Residential now owns thousands of Georgia rental properties, including in Atlanta. Tricon faces a class-action lawsuit for discrimination in its rental application policies, which used third-party screening to deny housing to those with criminal records and prior evictions, with a disproportionate impact on minority applicants, but Tricon also faces regular complaints and lawsuits for poor maintenance and dangerous conditions on its properties, sometimes causing property damage and injuries.

Understanding the Impact of Tricon and Other Large Real Estate Investors on Georgia’s Housing

Tricon Residential is one of a growing number of large investment companies that buy up single-family homes and then use them as rental properties. According to reports cited in a Senate investigation by Jon Ossoff, institutional investors, including Tricon Residential, now own approximately 25% of residential properties in the Atlanta metro area, which comprises 97% of Tricon’s holdings in Georgia. Tricon’s ownership has increased since the 2023 report, which indicates that the real estate company owned 5,203 single-family rental homes in Georgia at that time.

While affordable rentals are a crucial aspect of Georgia housing, Tricon Residential is the subject of nearly 600 Better Business Bureau (BBB) complaints and nearly daily negative reviews.

Common Complaints About Tricon Residential’s Negligence

In addition to discriminatory application policies, billing problems, unclear disclosures for monthly smart home fees, and poor customer service, complaints against Tricon include dangerous property hazards and a lack of timely responses to emergency repair requests. Common complaints include negligence, such as the following:

• Misrepresenting property conditions, including safety hazards
• Delayed service requests, including for emergency repairs
• Negligent property maintenance
• Substandard or incomplete repairs
• Faulty plumbing, HVAC systems, and smart home technology
• Repair orders are listed as closed while work remains incomplete, requiring repeated repair requests
• Pest infestations
• Black mold growth problems
• Unsafe decks and balconies
• Ceiling damage
• Sagging floors
• Furnace oil leaks

When a tenant suffers harm, such as an injury or toxic exposure, due to a property owner’s negligence, the injury victim has the right to seek compensation for their losses, including medical expenses, lost wages, and compensation for pain and suffering. Claimants in lawsuits against negligent property owners may also seek compensation for property damage when plumbing leaks, mold, pests, or fire destroy their personal property.

Proving Liability In a Premises Liability Claim Against a Negligent Property Owner

All property owners have a legal duty to regularly inspect their property, provide adequate maintenance, and make prompt repairs—especially for safety hazards that could harm tenants and visitors. When an individual suffers a preventable injury, they have the right to seek compensation for their losses. A successful premises liability lawsuit in Atlanta, GA requires substantial evidence. Proving premises liability requires evidence demonstrating the following:

• The property owner owed a legal duty of care to the injury victim
• They breached this duty of care through negligence
• The breach of duty directly caused the injury
• The injury victim suffered damages from the injury

A large company like Tricon Residential is not exempt from its legal duty of care to tenants, simply because it is a mega-company with thousands of properties. With help from a specialized attorney for personal injury in Georgia, a premises liability lawsuit against Tricon Residential demands the financial accountability tenants deserve.