buying a property and not getting keys to it..

Discussion in 'The Buying & Selling Process' started by Elives, 8th Jul, 2015.

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  1. Elives

    Elives Well-Known Member

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    so i bought a property with tenants in it who have keys. it's self managed when i asked the agent for the keys to the property he said he doesn't have any.

    is this normal for a rental property?
     
    Elives, 8th Jul, 2015
    #1
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  2. Scott No Mates

    Scott No Mates Well-Known Member

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    No the norm is to get keys - how did the selling agent get access for viewings?

    As a self-management, the owner would still have had a set of keys as well.

    Has the vendor transferred the bond?

    What else haven't they done?
     
    Scott No Mates, 8th Jul, 2015
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  3. Big Will

    Big Will Well-Known Member

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    There would have to be another set of keys, how else was the house opened up? How did they do inspections?

    Get them off the current PM or the sales agent or the previous vendor.
     
    Big Will, 8th Jul, 2015
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  4. Big Red

    Big Red Well-Known Member

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    Lol what a fail? no keys then how to they lock the property when they go out?
     
    Big Red, 8th Jul, 2015
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  5. Scott No Mates

    Scott No Mates Well-Known Member

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    They are a very trusting bunch of tenants.
     
    Scott No Mates, 8th Jul, 2015
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  6. Elives

    Elives Well-Known Member

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    it's been tenanted by the tenants for 7-8 years, the agent said he only ever got access to the property while the tenants were there and that he never got given any keys. :s i'm hoping i can just get some new ones cut from the tenants set. which i think is still pretty bad.

    theres nothing really else i can do? is there?
     
    Elives, 8th Jul, 2015
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  7. Kael

    Kael Well-Known Member

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    Why don't you make the seller pay for a new set of keys to be cut or reduce your purchase price? ;P
     
    Kael, 9th Jul, 2015
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  8. Perp

    Perp Well-Known Member

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    I'm guessing it's already settled.

    Have you asked the vendor's solicitor if the vendor had any keys?
     
    Perp, 9th Jul, 2015
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  9. wylie

    wylie Moderator Staff Member

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    If it was self-managed, the owner should have a set of keys to give you. If not, are you taking over the management or is it with a PM. Either way, you or the PM need to arrange to get one of the sets of keys from the tenant and get a set cut.
     
    wylie, 9th Jul, 2015
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  10. Chilliblue

    Chilliblue Well-Known Member

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    Is there anyone that is able to give a legal opinion on this. I would be interested.
     
    Chilliblue, 9th Jul, 2015
    #10
  11. Big Will

    Big Will Well-Known Member

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    I think in the contract that the vendor must hand over all keys at settlement.
     
    Big Will, 9th Jul, 2015
    #11
  12. ZachAnsel

    ZachAnsel Well-Known Member

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    Also changed all the keys after settlement completed to avoid any risk.
     
    ZachAnsel, 9th Jul, 2015
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  13. Fernfurn

    Fernfurn Well-Known Member

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    Fernfurn, 12th Jul, 2015
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  14. Fernfurn

    Fernfurn Well-Known Member

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    I have been given everything from an enormous bunch of keys, must have been 80-100 on this ring and attached rings. Two for every window, 2 for each door and security door (so 8 just there) sheds etc. etc. Last time there were just 2 "that's all I've got" she said.
     
    Fernfurn, 12th Jul, 2015
    #14
  15. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Get PM to give tenant choice to provide a set or pay for all locks rekeyed.
     
    Paul@PAS, 13th Jul, 2015
    #15
  16. Esh

    Esh Well-Known Member

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    The owner who self manages should have atleast one copy
     
    Esh, 15th Jul, 2015
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  17. Perthguy

    Perthguy Well-Known Member

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    This is not normal for any property. I bought a house with a tenant that was self managed and was given two full sets of keys after settlement. It is normal to get at least one full set of keys. It is not normal to get none.
     
    Perthguy, 15th Jul, 2015
    #17