General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Rent Dropbox Compromised
Hello,
I have a property manager (PM) for one of my properties that has a dropbox for tenants to drop off their rent. They recently had their dropbox compromised and a tenant's $500 money order (MO) was stolen. They say they've repaired and improved the dropbox. The tenant is talking to Western Union to find out more info about the stolen MO.
My questions are:
- What sort of responsibility does a PM have to ensuring a dropbox is secure?
- If a dropbox is compromised, should late fees be applied?
- What sort of information could the tenant present that would change the resulting action of the PM/myself?
- Has this happened to anyone else?
Thank you!