Cash For Keys Agreement (Tenant)

Avoid the long and expensive eviction process with the cash for keys (tenant) contract

What do you get? A customizable, instant-download Cash for Keys Contract template created by a real estate investor (& real estate attorney!) for landlords like you. My DIY Cash for Keys Agreement (Tenant) template can be ready in 15 minutes or less and will save you weeks of waiting for an eviction court date and thousands of dollars in legal fees and lost rent.

—> If you’re looking for a contract to remove a former homeowner and not a tenant, check out my this agreement

—> If you’d rather forgive the back rent than pay someone to leave, check out this agreement instead

—> If you have a tenant who wants to break their lease check out this template instead

—> If you’d rather set up a payment plan, check out this agreement instead

—> If you want access to all my contracts to get possession of your property back, check out the “Eviction Avoidance Bundle”

Get your property back with this fill-in-the-blank Cash for Keys (tenant) template. You can have your own agreement in less than 15 minutes by easily following along with my video How-To Tutorial & filling-in-the-blanks. Then it’s ready to go! can send it to tenants. This template is for if you have a tenant who you’d like to remove from your property without the long expensive eviction process

Here's what you get:

• DIY Cash for Keys Contract Template — One (1) downloadable, editable .docx file containing a detailed cash for keys contract template with highlighted fill-in-the-blanks to make your own.

• How-To Video Tutorial — a video tutorial where I walk you through what each paragraph means (in English, not “legalese”), where you need to put in your personal info, and how to sign it. At the end, you’ll be confident making the Cash for Keys Agreement your own.

• Guidelines & Tips Guide — to let you know what to do with this document & how to make it your own.

• BONUS: you’ll receive my C.Y.A. (Cover Your Assets) Checklist to make sure you have everything in place to protect your investment properties.

WHAT’S A CASH FOR KEYS CONTRACT?

A Cash for Keys Contract is a contract you sign with your tenant if you’d like to get them out of your property. It sets out the terms the tenant leaving for a price in writing so you’re able to avoid the time consuming and expensive eviction process. Tenants are more likely to take the terms of your agreement seriously if they know they’ve signed a contract with you. That means you get your property back fast and without it getting trashed.

DO I NEED A CASH FOR KEYS AGREEMENT?

Do you want to get your property back? Then yes! If you have a tenant you want removed for any reason (want to fix up the property to get a higher paying tenant, consistently paying late, causing issues with other tenants) you need a contract in writing that has clear expectations and rules. A cash for keys contract makes sure that you can…

• Win-Win, both you and your tenant get something

• Control the date when you get your property back, no waiting for the sheriffs to come

• Protect your property, they are incentivized to not trash the property

• & so much more!

HOW LONG’S THIS GONNA TAKE?

Got 15 minutes? Then you’ll have yourself a legally enforceable cash for keys agreement. Here’s what you should do once you purchase:

• Read the How-To Guide first.

• Next, edit the doc with your information. Follow along with my video How-To Tutorial, which shows you where you need to put in your personal info. You won’t need to do ANY legal writing – just contact info, property information, and the details of the move out.

• Make any necessary changes based on how you want the tenant to leave.

• Use it with your tenant! You can send this document to your tenant in less than 15 minutes. It’s that easy!

WHO IS THIS FOR?

• Landlords wanting to remove a tenant and avoid the long and costly eviction process

• Flippers wanting to remove a tenant they inherited when they purchased the property

You can read more about why you should use a cash for keys agreement in this post.

IMPORTANT: This document is a downloadable, customizable general template for you to make your own & to fit your needs. Purchase of this or any other document from this Site does not create an attorney-client relationship between you and Bonnie Galam. The documents, or anything on this Site, should not be construed as legal advice. You should have all documents you use reviewed by an attorney in your jurisdiction to ensure they comply with State and local laws where you own property or conduct business. Contact your local bar association for an attorney recommendation. Bonnie Galam is licensed to practice law in New Jersey and Pennsylvania. Use of this Site, and purchase of any documents or courses, are subject to these Terms of Use.

QUESTIONS? Email Bonnie at bonnie@bonniegalam.com