Guys the NAA lease agreement states there is no charge for access to the...

Guys the NAA lease agreement states there is no charge for access to the building & amenities. Does either of your properties provide fobs and if so, how do you label it on the move-in sheet etc?

Guest Insider You can charge a $45 “deposit”, then charge for replacements when lost or not turned in at move out

Jam Modeste This May be the solution! Thanks, checking with our local attorneys for guidance.

Guest Insider Jam Modeste with most key fob software you can also just issue them their private code to use as well if they don’t want the convenience of the fob. With this system you will always know who’s entered and what time etc. so if their is vandalizing it’s easier to pin point who all was in during the timeframe the issue was reported

Guest Insider There should be a fob addendum where you can charge is they lose the amenity key or fobs. We only charge if they aren’t returned.

Chris Finetto The NAA isn’t responsible for your NOI. There’s addendums for that stuff, you can also delete or strike irrelevant info.

Guest Insider They are listed in the key section.

Jam Modeste Thanks everyone! We charge for lost keys etc. But also would like to charge for a key fob. However, I don’t think we can add an addendum to charge a fob, if the paragraph states we cannot charge for access. Checking with our attorney for guidance.

Guest Insider Jam Modeste charging for a lost or unreturned fob isn’t charging for access. We add the replacement fees where it discusses fob and key fees.

Megan Goodmundson Charge for lost fob. But getting a fob issued at move in is included. Replacement is a fee.

Judy Green We do not charge for fobs and it is considered a key or other on the TAA lease. We do charge if lost or damaged.

Patty Peterson Upon move-in we have the NAA lease/addendums and we include a separate addendum that is from the system we use in Rent Manager that is called Apartment Damage Charges and there is a line item for lost or not returned keys

Guest Insider Edit to add on the special provisions

Guest Insider My last community list fobs on the lease in open section of lease and it states if not returned there is a charge

Guest Insider Even though it’s an NAA lease each state slightly varies. Special provisions mentioned about is always a great solution for lacking content if your version doesn’t offer a fob charge area.

Carletta Richardson-Cheeseboro In student housing we would charge $50 for a lost FOB.

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