With respect to « private parties can enter into any private agreement, » I would generally agree, but not if the agreement is contrary to public policy. A private agreement limiting the rights of a tenant outside (or in opposition) to the right of landlords/tenants (or the communal order of rent control) would not apply in the state IMO. From January 17, 2019, a lessor will have to follow new rules when entering into voluntary buy-back agreements. A voluntary sales contract is an agreement between the tenant and the landlord to evacuate their unit for payment. Tenants know your rights! You have the right not to enter into a voluntary sales contract. You can consult a lawyer before signing a voluntary sales contract. For more information on legalresources, click on the Legal Resource Information link You can terminate the sales contract in writing at any time within 30 days of all parties signing. If you accept a buyout and move, it is considered voluntary. If you are unintentionally evicted by the removal of your building from the housing market under the Ellis Act, you will receive moving expenses from your landlord, moving assistance from a non-profit agency and you may be eligible for priority for affordable housing in the city`s inclusion program. You can consult a lawyer before signing a voluntary sales contract. You have the right not to enter into a voluntary sales contract.
PLEASE READ THE FOLLOWING. This page contains basic information on the requirements of owners to offer a voluntary sales contract. More information will soon be available, including links to the disclosure of customer rights and the bid agreement. Please read the information below and contact Rent Stabilization to receive instructions to complete the required forms at (323) 848-6450. When tenants voluntarily release a rental unit, the landlord has the right to increase the rent at market-related prices. This is called the tangle of voids. This encourages landlords to offer « cash for keys » to residents who pay artificially low rents under the ICHR. For more information on filing the offer/agreement and disclosure, please call 323.848.6450 If you accept a buyout and move, this will be considered voluntary. If you are unintentionally evicted by the removal of your building from the housing market under the Ellis Act, you will receive moving expenses from your landlord, moving assistance from a non-profit agency and you may be eligible for priority for affordable housing in the city`s inclusion program. The regulation defines a « buyout offer » as a written or oral offer from a lessor to a tenant, to pay money or other consideration to clear an RSO unit. A buyout agreement is defined as a written agreement in which a lessor pays money to a tenant or offers other consideration to voluntarily evacuate an RSO rental unit. As I read in 151.09 (A) of the LA communal order, a lessor may amend the terms of the lease as « the result of an explicit written agreement signed by both parties. » The tenant must accept « cash by key. » « The lessor must not unilaterally change the terms of the tenancy under Article 827 of the Civil Code and then evict the tenant for violation of the complementary alliance, unless the tenant has given his written consent to the supplementary contract… It`s important! Owners should follow the following steps to ensure that the voluntary sale contract is valid Private parties can accept any private agreement.