Declare that they may have cash in hand, if they agree, completely off and pass keys to you until a specific date without damaging the property. Share the date and amount you have in mind with customers. Hello Heather, as an excellent tenant with a new health problem, a friend turned around within 30 days pending a major medical procedure, but she did not occur and she wanted to let the landlord know that they revoked their move; However, before that and a full 9 days after receiving their rent and notification payment, she received cash for the key offer; Now they say she is not eligible for the offer. Is there a certain notice period that a tenant should receive for a cash offer? Like 30 days? Although the purpose of cash for keys is to avoid the palaver of a traditional evacuation process, conflicts could still arise. The following tips can help you minimize the drama and ensure a compelling presentation. Money for keys is a controversial topic, whether you are talking about an owner or a bank that was silosing an owner. I would recommend that your friend check his rental agreement and contact his local housing agency if he has any questions about his rights and obligations. According to the California Department of Real Estate, anecdotal reports of those who have experiments with “cash for keys” programs have reported that $500 is usually the minimum and $5,000 the maximum amount offered to tenants for their keys. We will discuss the two situations, but first… Let`s drop a bomb. Here`s what you`re doing. Join your local owners` association and let your new friends know that you`ve discovered a new investment strategy for homeowners…

“It`s called Cash for Keys and it works like a dream. Whenever you threaten to evacuate a tenant, offer them money to move instead of chasing them. Customer), _____und owner, – Cash for a key agreement must always be written.