Oct. 24, 2025
Cash for keys agreements: Legal considerations for landlords and their attorneys
Cash for keys agreements can offer landlords with properties in rent-controlled jurisdictions flexibility, but failure to follow local rules could cost them dearly.
The increasing adoption
of rent control and just cause eviction laws by local jurisdictions has been
accompanied by a rise in 'cash for keys' regulations. Cash for keys is the common term for agreements
entered into between property owners and tenants to terminate a lease and
regain possession of a residential rental in exchange for payment to the
tenant.
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