Wikipedia defines a lockbox or a “real-estate lockbox” as 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. Permission is
generally required from the seller, who is the owner, to install such a device
on the door.
A lockbox device has inherited the “real-estate” adjective
because it is commonly used by realtors. While it may be easily available, and
seem like a simple solution, you should avoid using them if you live in an
apartment building. Read More
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