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General Landlording & Rental Properties

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Nathan Hann
  • Auburn, ME
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Cash for Keys approach in Maine

Nathan Hann
  • Auburn, ME
Posted Jun 20 2021, 11:28

Hello ya'll!

I'm gearing up to turn over a unit that has a month to month tenant. I am in Maine and only need to give 30 days notice with no reason. That being said, this tenant has a tendency to jump to anger when approached with anything remotely negative. I am thinking of trying the cash for keys approach to avoid any potential pushback that may damage my property.

Anyone out there who has done this, any tips?! Do I give them the 30 day notice then approach them with this option? Can I include it all in the letter I am sending? Anything else you can suggest that you found to be successful in this approach (or wish you had done)?

One more bit of info, I am thinking of giving the tenant a 3 tiered option. Basically giving them less money the longer they stay in the apartment until the end of the month.

Thank you all in advance!

Nathan

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