Tenant surrender of possession agreements can be a viable, if not the only option to effectuate a vacancy.
A tenant buyout agreement was attractive in ordinary times for a host of reasons.
Enter the pandemic. While lawmakers got together to restrict the ability of a landlord to forcibly transition a tenant out of the rental unit, there is no government edict that prohibits the two parties from striking a deal whereby the renter leaves voluntarily.
Our office is consistently helping owners regain possession of their units without the time, hassle, and expense of litigation.
We have heard many horror stories of strained landlord-tenant relationships throughout the pandemic and on the surface, it would seem difficult to find solutions. We want you to know that with an ethical, legal, and enforceable buyout agreement, much strife can be avoided.