What Is Cash For Keys? How Does It Work?
If you manage rental properties for your clients, you may have one client who wants to sell their property while it’s still occupied. "Cash for keys" is a process in which a property owner or landlord offers tenants a financial incentive to vacate a property voluntarily and in a timely manner. This is typically done to avoid the time, costs, and hassle of eviction but it’s also useful in situations where the owner wants to sell, and their property is still occupied.