02May
New Oakland Law on Tenant Buy Out Agreements Takes Effect

May 2, 2018

Puneet Singh, Esq.

Effective May 1, 2018, Oakland’s Tenant Move Out Agreement Ordinance took effect governing the terms that a Landlord must comply with when offering tenants compensation (often referred to as “Cash for Keys”) to vacate their rental unit.

Pursuant to the new law the Landlord must do the following:

1) Provide a Pre-Move Out Negotiation Disclosure Form to the tenant prior to entering into negotiations for move out.

2) File a Pre-Move Out Disclosure Certification Form with the Oakland Rent Board prior to entering into negotiations for move out, and

3) File the executed Move Out Agreement with the Oakland Rent Board within 45 days of signing the agreement.

To access the Pre-Move Out Negotiation Disclosure Form and the Pre-Move Disclosure Certification Form, visit the City of Oakland website located at:   

   http://City of Oakland Website

NOTE: This article is for informational purposes only and should not be construed as legal advice. For legal advice please contact an experienced attorney. For more information visit the PKS Law Group, P.C. at www.pks-lawgroup.com or email info@pks-lawgroup.com