Asked by William, Daly City, CA • Wed Mar 28, 2012
I heard that it is illegal to offer cash for keys. I am thinking of starting an Ellis act eviction process for some of my under performing properties. I would much rather offer my tenants a sum over their relocation money to keep the Ellis off the record. But I also heard I can't offer Cash for Keys because it is considered harassment? So go directly to Ellis, do not pass go, do not collect $200?
-Both unit has one protected tenant
-Only 2 units for the building, so even if I do an Ellis and can't do a condo conversion I don't think it would effect the price much. (Let me know if i am wrong)
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