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What happens if lockboxes are left on the property too long after closing?
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Answer
Leaving lockboxes on a property too long post-closing can cause security issues and inconvenience the new owners. Buyers may remove hardware themselves, risking damage and replacement costs usually around one hundred fifty to two hundred fifty dollars. Prompt removal within twenty four to forty eight hours prevents these problems and demonstrates professionalism. Logging lockbox serial numbers ensures accountability throughout the transaction.