Property Management
In Oregon, what is the 'cash for keys' arrangement sometimes used in eviction situations?
AAn illegal form of eviction in Oregon
BA voluntary arrangement where the landlord offers the tenant monetary incentive to vacate quickly and in good condition, avoiding formal eviction proceedings✓ Correct
CA government program paying rent assistance to tenants facing eviction
DA required ORLTA process before eviction can proceed
Explanation
Cash for keys is an informal, voluntary negotiated agreement where a landlord offers a tenant a cash payment (or rent forgiveness) in exchange for the tenant vacating the property quickly, in good condition, and without damage. This can be faster and cheaper than formal eviction proceedings and is legal in Oregon as a negotiated settlement.
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