Real-estate lock box

A realtor lock box hanging on the doorknob of a house for sale

A real-estate lock box is a padlock-shaped box that hangs around the doorknob of a house that is on the market. The device holds the keys to a house to allow communal access for all real estate agents, while continuing to keep them secure.[1] Permission is generally required from the seller, who is the owner, to install such a device on the door.[2]

Real estate lock boxes are secured either with a manual key, a security code, or a swipe card.[1] High-tech versions of this device allow homeowners to know when the home has been accessed.[3]


References

  1. 1 2 Callahan, John. Empowering Consumers With How To-torials: A Revealing Roadmap. p. 122.
  2. Pivar, William H.; Anderson, Lowell; Otto, Daniel S. California Real Estate Practice. p. 182.
  3. Pivar, William H.; Anderson, Lowell; Otto, Daniel S. California Real Estate Practice. p. 209.
This article is issued from Wikipedia - version of the 11/21/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.