California Civil Code section 1946.2 and Long Beach LBMC 8.97 allow voluntary buyouts where landlords pay tenants to surrender possession, but require written disclosure of tenant rights, signed agreement, and a tenant rescission window.
Cash-for-keys agreements let landlords pay tenants in exchange for vacating without filing eviction. California requires written disclosure that the tenant has the right to consult counsel, refuse the buyout, and rescind within a statutory cooling-off period after signing. Long Beach landlords must additionally disclose any LBMC 8.97 relocation assistance that would otherwise be owed if the buyout substitutes for a no-fault termination, ensuring the tenant knows the floor amount. Buyouts must be filed with the city if required and cannot be coerced under threat of fabricated cause.
Coercive or undisclosed buyouts, agreements without statutory disclosures, or buyouts paying less than the underlying relocation floor without informed consent may be voidable and expose landlords to civil liability.
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