What is Cash for Keys?

What is Cash for Keys?

"Cash for keys" is a practice in which a landlord or property owner offers a cash payment to a tenant in exchange for the tenant vacating the rental property by a specified date. This approach is often used to avoid the lengthy and costly eviction process, incentivizing tenants to leave voluntarily and return the keys, facilitating a smoother transition and reducing the risk of damage to the property.

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