The Federal Trade Commission (FTC) has issued a rule that imposes additional duties on rental property owners and management companies to help combat identity theft. Entitled “Identity Theft Red Flags and Address Discrepancies under the Fair and Accurate Credit Transactions Act of 2003” or FACT, the Act amends the Fair Credit Reporting Act (FCRA). The rule consists of two parts, one applicable to users of consumer reports, such as rental property owners and management companies, and the second part applies to financial institutions and creditors.