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Fees & Key Money

Key & Lock Cylinder Replacement Fee

Key Replacement Fee

The cost of replacing a lock or resetting access controls. Check the quote and contract for whether this is done, the charge and who pays.

Sources checked

Distinguish tenant turnover from lost keys

MLIT guidance generally allocates turnover-related replacement without loss or damage to the landlord. Replacement caused by a tenant losing or damaging keys may fall to the tenant.

If the quote charges the incoming tenant, ask which special clause supports it. Use the guidance as a reference; a clause’s effect depends on its content, not the invoice label alone.

Sources[1][2]

Ask what work the quote includes

Clarify whether the work is cylinder replacement, key cutting or electronic access reset. Ask for the date, number of keys and tax-inclusive total rather than relying on one online price.

At handover, test access to the flat and shared entrance and keep a record. If keys are lost later, contact management about the procedure before arranging work.

Sources[1]

Practical checklist

  • Confirm the reason, payer and relevant special clause.
  • Obtain the work description, key count and tax-inclusive amount.
  • Test the keys at handover and retain the record.

References

Prepared from official and public sources. Checklists are ELB reading aids; confirm specific application, fee and contract terms with the relevant organization.

  1. MLIT: Private rental housing consultation cases (PDF)
  2. MLIT: Restoration questions and answers

Turn the fee guidance into your own budget

Enter the quoted rent, key money and guarantee fees to estimate upfront and monthly costs. Ask an advisor about any charges that are still unclear.