If you are a landlord in Florida and you are dealing with a tenant who is behind on rent or has violated the terms of their lease, you may find yourself in a situation where you want them to vacate the property as soon as possible. One way to achieve this is through a “cash for keys” agreement.
A cash for keys agreement is a legally binding contract between the landlord and the tenant, in which the landlord offers the tenant money in exchange for them moving out of the property voluntarily and leaving it in good condition. This agreement can be useful for both parties: the landlord gets their property back quickly, and the tenant gets some financial compensation to help them with their relocation costs.
In order to create a cash for keys agreement in Florida, you will need to use a specific form that complies with the state`s laws and regulations. This form should include the following information:
– The names of the landlord and tenant
– The address of the rental property
– The amount of money the landlord will pay the tenant in exchange for vacating the property
– The date by which the tenant must vacate the property
– A statement that the tenant must leave the property in good condition, free of damage or debris
– A statement that the landlord will not pursue any legal action against the tenant for past due rent or lease violations
It`s important to note that a cash for keys agreement is not the same as an eviction. If the tenant does not comply with the terms of the agreement, the landlord will still need to go through the eviction process in order to regain possession of the property.
Additionally, it`s always a good idea to consult with a lawyer before creating a cash for keys agreement, to ensure that the agreement complies with all applicable laws and protects your interests as a landlord.
In summary, if you are a landlord in Florida and you want to get a tenant to move out of your property without going through the eviction process, a cash for keys agreement may be a good option. Just be sure to use the proper form and seek legal advice before proceeding.
