Tenant buyouts, sometimes known as “Cash for Keys,” are a voluntary lease termination method available to landlords and tenants that can benefit both parties. Buyouts allow landlords to regain control of the residential rental unit by entering into a voluntary lease termination agreement with the tenant by paying the tenant, often substantial sums, to permanently move out of the unit.

In this program, Attorney Sasha Struthers of Struthers Legal and Eli Appel with The Appel Group of Marcus & Millichap will examine tenant buyout agreements from all sides. The program will address the legal requirements and ramifications, and the financial implications, attorneys must know to guide their clients through a successful voluntary buyout. Attorneys will leave better equipped to advise on strategy, protect clients from liability, and ensure their agreements meet all jurisdictional statutory standards.