Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Innovative Strategies
Mobile Home Park Investing
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated 10 months ago on . Most recent reply

Sharon Carson's profile image
Sharon Carson's profile image
Sharon Carson
  • Rental Property Investor
  • from Thousand oaks, CA
  • Member since Sep 9, 2020

User Stats

18
Posts
3
Votes
Sharon Carson's profile image
Sharon Carson's profile image
Sharon Carson
  • Rental Property Investor
  • from Thousand oaks, CA
  • Member since Sep 9, 2020
Sharon Carson
  • Rental Property Investor
  • Thousand oaks, CA
3
Votes |
18
Posts
General Landlording & Rental Properties

Cash for keys Protocol?

Sharon Carson
  • Rental Property Investor
  • Thousand oaks, CA
Posted

I have a troublesome tenant who most likely will not move out by his 45-day Lease termination notice.  He would be a "holdover" tenant, and I really don't want to do the eviction routine, as my property is currently listed for sale!  I just want him OUT.

If I offer him "Cash for Keys", is there any kind of LEGAL FORM , or contract that I should use to seal the deal ??  Binding?  Is there a protocol for this procedure?

I don't want him finding loopholes, and not move!

Thanks

Hilo, Hawaii
0 Votes
Follow
3 Replies
Jump to Last Reply
Log In or Sign Up to Reply
Sort By:

Loading replies...