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Cost for losing keys?

TangoJuliet

Diamond Member
My tenants advised me that they lost one set of keys to the home that I am renting to them. As landlord I have an extra set and just made them new copies.

There is nothing in the lease that specifies the amount they have to pay if said keys were lost. The process took about 15 minutes, $10 for the copies and $5 to mail them certified to the tenant's job.

I'm thinking a $25 "penalty" is fair. Thoughts? Your experiences?
 
You're the landlord now?!?!

Bahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha!
 
$25 is reasonable because they could have just made a copy themselves right? They made you do the work. I would add to future renting contracts you make a line about cost for replacement keys.
 
You're the landlord now?!?!

Bahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha!

I kind of figured he was the landlord the whole time. He posed as the tenant in previous thread so he could anticipate the tactics.
 
My tenants advised me that they lost one set of keys to the home that I am renting to them. As landlord I have an extra set and just made them new copies.

There is nothing in the lease that specifies the amount they have to pay if said keys were lost. The process took about 15 minutes, $10 for the copies and $5 to mail them certified to the tenant's job.

I'm thinking a $25 "penalty" is fair. Thoughts? Your experiences?

Why are you being penal? If you are going to be penal it should have been in your contract. Maybe you should give it to them at cost, and consider it a learning experience for your next contract.
 
...it took you $10 to copy the keys?

You're charging for your 15 minutes? Isn't your job supposed to be being the landlord? Aren't all charges of you being a landlord included in their rent?

Don't be an asshat, charge what it cost you and be done with it. There's no reason to 'teach them a lesson', no one WANTS to lose their keys. You're just looking for a way to profit a little on it and get a free lunch. Very American (but in this case, that's not a good thing).
 
I would charge them just the actual costs. Anything else you might make above that is worth far less that the good will you will create between you and the tenant by being a good landlord.

Many landlords forget that if you treat a tenant well it's more likely they will treat you and the home you own with respect. Give them a reason to dislike you and it never goes well.
 
Seriously, dude...you're the fucking landlord? Man, if you were the landlord the whole time in that other thread, then you fucking suck. If you weren't, and you've only recently become a landlord, then you're fucking retarded at best.
 
If they lost them, I would say a penalty is to be expected. If they have a set, they should be able to make another so long as their keys are not marked "do not duplicate."

$25 seems fair, as maybe next time they'll make their own copy.
 
Seriously, dude...you're the fucking landlord? Man, if you were the landlord the whole time in that other thread, then you fucking suck. If you weren't, and you've only recently become a landlord, then you're fucking retarded at best.

I know.

Re-reading his old posts with this knowledge is like watching Fight Club for the second time.

http://forums.anandtech.com/showthread.php?t=2198126&highlight=landlord

http://forums.anandtech.com/showthread.php?t=2188231&highlight=landlord

http://forums.anandtech.com/showthread.php?t=2161560&highlight=landlord
 
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I dont see HOW you can charge them if its not in the lease.

Really? If I lease a car from a dealership and lose the keys, I'd be willing to bet I am paying for them. To me, as a customer, that's what I expect. If, due to my negligence, something of value must be replaced, I would expect to foot the bill.

I dunno what this guy has said in the past that has everyone so miffed, but to me, $20-25 to replace a set of keys that I lost? Yeah, I'd pay it. If you don't want to pay an extra expense, don't lose them.
 
If they lost the key, that means someone out there has a copy of the key and can get in anytime. I'd change the locks personally and charge them for it.

And pwned!
 
If they lost the key, that means someone out there has a copy of the key and can get in anytime. I'd change the locks personally and charge them for it.

And pwned!

I'd consider this as well. It's a matter of safety for the tenant, and vandalism for the owner. I wouldn't want to risk either.

But, I guess according to the masses here, the landlord would have to foot the bill for the replaced locks. That's the fair way, right?
 
is this a special security key that locksmith's need special authorization to copy? Pretty sure you have to pay extra for those and you just can;t get it copied at a place like home depot.

I'd charge the tenant the cost of key replacement plus mailing it to them, round it up to the nearest dollar mark to keep things simple.
 
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