Finance category
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Tenant Buyout Calculator
Voluntary buyouts clear a unit faster than eviction. This calculator structures buyout amount based on lease value, relocation cost, and statutory minimums.
Recommended buyout
$12,800
Lease economic value to tenant
$10,800
Tenure bonus
$2,000
How the math works
Buyout = max(statutory minimum, lease economic value + tenure bonus). Covers what tenant gives up, legally.
Offer enough that tenant has clear economic win. Document in writing with release. In sensitive cities, use local attorney to draft and file with rent board.
How to Use
- Enter months remaining on lease.
- Enter monthly rent below market.
- Enter statutory minimum relocation (if applicable).
- Enter tenant tenure bonus.
- Read recommended buyout.
Frequently Asked Questions
When is buyout smart?
Rent-controlled units where market rent much higher. Difficult tenants where eviction cost > buyout. Condo conversion or major renovation. Win-win deals close fast.
Typical amount?
$5k-$50k for most buyouts. Rent-controlled NYC/SF: $20k-$100k+. Corporate or long-tenure tenants: higher. Always document in writing with release of claims.
Legal pitfalls?
Some cities (SF, Oakland) require disclosed statutory minimums and recording with rent board. Illegally small buyouts are void. Hire local counsel before offering.
What documentation matters here?
Written leases, move-in/move-out inspections with photographs, ledger entries showing every payment and charge, served notices with proof of service, and contemporaneous emails or texts. Courts weigh written evidence heavily; informal understandings rarely stand. Institutional operators run a monthly file audit to catch gaps before they matter. Good paper trails recover most of what's owed.
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