A tenant buyout agreement is a voluntary arrangement where the landlord pays the tenant to vacate a rent-controlled unit, typically before or instead of pursuing a formal eviction. San Francisco requires buyout agreements to be disclosed to the Rent Board and gives tenants the right to rescind the agreement within a certain window. Buyouts must be voluntary and properly documented. When used appropriately, they give tenants compensation and landlords flexibility. I help investors understand the legal framework, disclosure requirements, and how to approach buyout conversations correctly.
