$1000.00 CASH FOR KEYS OFFER

In a classic example of a cash for keys offer, the landlord will initiate the eviction process on a flat, and indicate that he is willing to pay the tenant a set amount of cash in exchange for the keys. The cash may be based on a percentage of deposit held, or it may simply be a static payment. If the tenant accepts, possession of the flat reverts to the landlord, and a moving date is set.  The cash for keys settlement can be used to help with moving expenses, and it is also designed to keep the tenant from becoming an on-going source of grief at complex.

Without voluntary surrender of the keys to a flat, landlords face a lengthy eviction process. Running an eviction is expensive, and time consuming, because while eviction notices are served and the eviction is finally enforced, the flat is simply sitting there, and the landlord cannot put it on the market to re-rent. 


In addition to helping the landlord cover his losses quickly, cash for keys can also prevent damage to the flat. In some cases, people who are evicted feel resentful and angry, and they may stop maintaining the flat or actively damage it out of spite. As a result, a landlord might need to invest  repairs to make a flat salable, and this eats up more time and money.

Yesterday a 'cash for keys' offer was turned down by tenants who truly should have taken the cash and departed.  The ability to pay rent is not there, and the amount of folks packing the flat can not make living in it very comfy.  Mounting debt owed to the landlord can not be paid, eviction for non-payment of rent is easier to get than any other.

That there is 'a game afoot' has never been in doubt.  It got far worse with the addition of another tenant, who had got a 'cash for keys' deal and just shifted herself and children into another flat, the very one wanted out.  Mind, when challenged, the ex-tenant will tell the whole world that she does not live at the Linda Villa, and her children are just visiting their granny.  24/7.

The Linda Villa has Murray Kay to thank for the situation it finds self in.  It was he who moved the horrid folks into the Linda Villa.  To do a favour for a friend, and to help out 'folks down on luck'.

It took much effort to get Murray Kay to make the 'cash for keys' offer.  At the last available moment he made the cash available.  After it had been covered by this old geezer.

$1000.00 is no small amount.  That is what was offered to the tenants to give back the flat and depart.  This is on top of the rent owed and not paid, damages that will have to be fixed, abuse of hospitality suffered.

One can only guess that tenants who refused the 'cash for keys' offer are waiting for Murray to arrive so that they can cobble a different deal with the man.  Murray has a habit of allowing the very same wicked folks to walk all over him.  Will come as no surprise if he allows the tenants to leave when they feel comfy and still pay them for doing it.  Must be nice to be so generous.

Murray told me that when he first got the Linda Villa, it was a 'cash cow'.  Fancy that.

Murray managed to place his hand to tit and squeeze all of the milk out.  Not keeping repairs going, placing folks in charge that 'managed proper', evicting bad tenants, all caused the milk to stop flowing to the tit that Murray was trying to milk.  With a little help from folks trusted and a whole lot of help from self, Murray had managed to just about kill the 'cash cow' that was the Linda Villa.

Murray seems to be lacking in 'faith' in his own property.  Can be the only reason why he fails to follow through and do a complete job and not a bodge every time he tries to get the tit flowing again.

To grease the wheels of progress at the Linda Villa, MOI has dug into purse and spent $2285.00.  Coin put into to play based on a calculated bet that it would pay off.  Me thinks that the coin will never find way back into me purse and am not sure that any more will ever be put out.  Surely not for a block party that was planned for next month.  There will be little to celebrate as folks who ruin the joy of life at the complex will most likely still be living here.   Slow do the wheels of justice move when Murray has to pay lawyers.

My dears, this old geezer be no fool.  Were Murray to return coin spent on his future, it would be accepted.  Truth be told, the sum spent will have to be written off as the ego-packed actions of an old man driven to make a change.  So massive is ego NOT that it will be added to by placing more coin on a party that benefits Murray more than the road, complex or community a part of.  More's the pity that Murray fails to see that his actions continue to foster ruin.