Cash for Keys - BIG changes for landlords in 2024

A recent legal case in California made BIG changes to the Cash for Keys process…in fact, if this new process isn’t followed a landlord may not be able to evict if the tenant doesn’t move out! We started negotiating cash for keys in the last bust and have been negotiating cash for keys again! We’ll explain and answer more questions about cash for keys. Plus stick around to the end to see the new Cash for Keys form!

✔️ What is cash for keys❓
✔️ Is cash for keys legal❓
✔️ Who can pay cash for keys❓
✔️ When should you use cash for keys❓
✔️ What big legal change just happened to cash for keys❓
✔️ What does the new cash for keys agreement look like❓

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📌 Cash for Keys lawsuit - FRANK ATTENELLO v. SAM BASILIOUS (2022) 👉 https://caselaw.findlaw.com/court/apl...

📌 California Civil Code 1946.2 👉
https://leginfo.legislature.ca.gov/fa...

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Sections
00:00 WIRE Associates intro from Christian Walsh
00:36 What is Cash for Keys?
01:10 Is Cash for Keys legal?
01:37 When to use Cash for Keys!
03:12 Big legal change to Cash for Keys
05:33 New Cash for Keys Form

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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)

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