Although buy-outs of tenants are less likely to be initiated by owners in the current environment, those landlords whose assets would be favorably impacted by the Substantial Rehabilitation process would likely continue to offer financial incentives to tenants that would allow them to exceed the vacancy threshold.This would likely play out as an “all or nothing” arrangement where an owner would offer a lump sum to a group of tenants as long as all of them agree to sign surrender agreements.

We extended the closing date to July 1st and had the buyer surrender the $2k in earnest money in the event the deal doesn't close.

What would be some of the advantages and disadvantages of it being its own borough surrended by the city.

As a function of that foreclosure process a Mortgagee is require to make known to the Borrower certain alternatives to foreclosure such as selling the property, refinancing the loan, surrendering the deed, qualifying for relief on the loan through forbearance or modification.  

The escrow releases upon the tenant's departure.The seller get a little money at close and the rest upon tenant surrendering the keys.

I actually panicked and sent security deposit back ( there were no damages) on 11/14. on the 17th I received the electric bill for $40 because she turned it off on 10/2.I live in PA and thinking I may be in trouble. tenant landlord law reads 30 day period starts "....at lease termination or when tenant surrenders and landlord accepts apartment whichever comes first". not sure exactly what "accepts" means.

Vagas is too far to manage and I've surrendered my LLC as the costs were > benefits. 

@Alex ShaughnessyMake sure you know if there are any annuity surrender charges and if not, and it is in an Ira, it should Easy to roll it over into an SDIRA. it is a good strategy to work the Ira for your mom especially if it will be yours one day.

On Wednesday the buyer paid her 4k for her to surrender the property vacant with the balance due at closing.

In order to secure the premises, the Owner has intentions of having a locksmith change the locks on that date.This notice to vacate is due to acquisition of this property at Sheriff Sale by ________________ the Owner of this property.Should you fail, refuse or neglect to vacate said premises by the given date shown above, legal action (as the law requires) to obtain prompt possession will begin so as to evict or remove you from the premises.Should you have need to remain in possession beyond the date mentioned above, yet are willing to surrender possession of the premises voluntarily without need for legal action on the part of the Owner, you should promptly contact the Owner's Agent whose information appears below to attempt to make an arrangement.Thank you for your cooperation.Agent name: ______Agent's phone: ______Then another notice of changed locks gets put up.