$100 key replacement fee
$100 for a lost key is high but defensible if it's a smart-lock or restricted-key system. Traditional keys should be $25–$50.
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What it actually means
Modern buildings with electronic fobs or high-security keys incur real replacement costs. $50–$100 is justifiable there.
For standard deadbolts, the actual cost is $5–$15. Charging $100 is a profit center, not a cost recovery.
What it looks like in a lease
"Lost or unreturned keys will incur a replacement fee of $100 per key."
What to watch for
- Type of key (electronic fob vs. standard)
- Whether fee is per key or per lock
How to negotiate it
Ask for a breakdown. If it's a standard key, push for $25–$50.
When it crosses into a red flag
- Fee exceeds $150
- Fee per lock rekey, not per key
Frequently asked questions
What if I make a copy myself?
Many leases prohibit copying keys. If you do and get caught, you may owe the fee anyway.
Related clauses
General information, not legal advice. Clauses are interpreted differently across states and courts. For a binding interpretation of your specific lease, consult a licensed attorney in your state.
