Maywood · Renting & eviction

Buyout agreements in Maywood

Maywood buyouts need a written, department-approved agreement given at least 45 days before signing; tenants may cancel up to 30 days after signing.

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Key points

Buyouts: Maywood buyouts need a written, department-approved agreement given at least 45 days before signing; tenants may cancel up to 30 days after signing.

Each rule below links to the section of the Maywood Municipal Code it was read from, with the code text one click away (checked October 2026). General information, not legal advice.

What Maywood's code says

Maywood code What Maywood's code adds
Required disclosure	Yes—written, department-approved form in English and, at landlord's cost, tenant's primary language; listed rights and information; signature/date space per tenant. § 8-17.10 · code text At the time a proposed buyout agreement is provided, the landlord shall provide each tenant in the rental unit a written disclosure, on a form approved by the department, in English and in the tenant's primary language if other than English translated at the landlord's expense, that shall include all of the following:
Filing with the city	Yes—file with the department within 10 days after all parties sign the buyout agreement. § 8-17.10 · code text Landlord shall also file with the department a copy of the executed buyout agreement, along with proof of service to the tenant of the disclosure notice as required in this section, within ten (10) days after the buyout agreement is executed by all parties.
Required terms	The agreement must include the statement: "You may cancel this buyout agreement in writing at any time before the thirtieth day after all parties have signed this buyout agreement." § 8-17.10 · code text "You may cancel this buyout agreement in writing at any time before the thirtieth day after all parties have signed this buyout agreement." Must state the tenant has a right not to enter into a buyout agreement. § 8-17.10 · code text "You have a right not to enter into a buyout agreement." Must state the tenant may consult an attorney first and the Building and Planning Department may have nearby buyout information. § 8-17.10 · code text "You may choose to consult with an attorney before signing this buyout agreement. The City of Maywood Building and Planning Department may also have information about other buyout agreements in your neighborhood." The landlord must give each tenant the proposed agreement at least 45 days before it is signed. § 8-17.10 · code text The landlord shall give each tenant a copy of the proposed buyout agreement at least forty-five (45) days before it is executed by the parties.
Time to cancel	Up to 30 days after all parties sign. § 8-17.10 · code text A tenant shall have the right to rescind a buyout agreement for up to thirty (30) days after its execution by all parties.

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General information, not legal advice.

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