Cash for Keys, An Alternative to Eviction

This presentation focuses on how to conduct a mutual release with relocation assistance payment, sometimes called "cash for keys." We discuss:

Brief history (going back to the 2008 collapse)
General procedure
Common terms and conditions in a mutual release
How much to offer? Going rates from real experience
Negotiation tips for bad situations
Pros and cons from both a renter advocacy and landlord advocacy perspective

Learn whether and how to offer relocation assistance to a renter.

A landlord offers cash while a renter returns their keys.

Cash for keys is exactly what it sounds like: an agreement in which a landlord pays cash (or other value) to a tenant in exchange for handing over the keys and moving out. (CC BY-SA MassLandlords)

Slides, Past Video and Training Material

To view all of this presentation, you must be logged-in and a member in good standing.

MassLandlords is a nonprofit dedicated to helping owners rent their property. Presenters are not necessarily vetted by MassLandlords. Although we try to offer the best possible advice, we recommend you consult an attorney or tax accountant before you alter your business processes.

Event resources are available only for members in good standing who are logged in.

This is part of our Statewide Rental Real Estate Networking and Training series.

Cash for Keys, An Alternative to Eviction

Slides, Past Video and Training Material

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