diff --git a/litellm/proxy/management_endpoints/key_management_endpoints.py b/litellm/proxy/management_endpoints/key_management_endpoints.py
index fa08a316ef7..bc22102a8c6 100644
--- a/litellm/proxy/management_endpoints/key_management_endpoints.py
+++ b/litellm/proxy/management_endpoints/key_management_endpoints.py
@@ -1501,6 +1501,34 @@ def check_team_key_rpm_tpm_limits(
     )
 
 
+_KEY_TEAM_LIMIT_WARNING_FIELDS: Final[tuple[str, ...]] = (
+    "rpm_limit",
+    "tpm_limit",
+    "max_parallel_requests",
+    "max_budget",
+)
+
+
+def _update_request_with_retained_team_limits(
+    data: UpdateKeyRequest,
+    existing_key_row: LiteLLM_VerificationToken,
+) -> UpdateKeyRequest:
+    """Fill omitted limit fields from the existing key for team-cap warnings.
+
+    /key/update often changes only team_id (or a subset of limits). Retained
+    rpm/tpm/concurrency/budget must still be compared against the effective
+    team caps so reassignment cannot silently keep an over-cap value.
+    """
+    retained: dict[str, object] = {}
+    for field_name in _KEY_TEAM_LIMIT_WARNING_FIELDS:
+        if field_name in data.model_fields_set:
+            continue
+        retained[field_name] = getattr(existing_key_row, field_name, None)
+    if not retained:
+        return data
+    return data.model_copy(update=retained)
+
+
 def _collect_key_team_limit_warnings(
     data: GenerateKeyRequest | UpdateKeyRequest,
     team_table: LiteLLM_TeamTable | LiteLLM_TeamTableCachedObj,
@@ -3006,7 +3034,10 @@ async def _validate_update_key_data(
 
     if team_obj is None:
         return ()
-    return _collect_key_team_limit_warnings(data=data, team_table=team_obj)
+    return _collect_key_team_limit_warnings(
+        data=_update_request_with_retained_team_limits(data=data, existing_key_row=existing_key_row),
+        team_table=team_obj,
+    )
 
 
 @router.post("/key/update", tags=["key management"], dependencies=[Depends(user_api_key_auth)])
diff --git a/tests/test_litellm/proxy/management_endpoints/test_key_management_endpoints.py b/tests/test_litellm/proxy/management_endpoints/test_key_management_endpoints.py
index f1a68112d03..ac56e9aa007 100644
--- a/tests/test_litellm/proxy/management_endpoints/test_key_management_endpoints.py
+++ b/tests/test_litellm/proxy/management_endpoints/test_key_management_endpoints.py
@@ -3396,6 +3396,81 @@ async def test_validate_update_key_data_returns_team_limit_warnings(monkeypatch)
     )
 
 
+async def test_validate_update_key_data_warns_on_retained_limits_team_change(monkeypatch):
+    """Team reassignment without limit fields still warns on retained over-cap values."""
+    from unittest.mock import AsyncMock, MagicMock
+
+    from litellm.proxy._types import (
+        KeyTeamLimitWarning,
+        LiteLLM_TeamTableCachedObj,
+        LiteLLM_VerificationToken,
+        LitellmUserRoles,
+        UpdateKeyRequest,
+        UserAPIKeyAuth,
+    )
+
+    existing = LiteLLM_VerificationToken(
+        token="hashed-token",
+        team_id="team-old",
+        user_id="user-1",
+        max_budget=100.0,
+        max_parallel_requests=50,
+        rpm_limit=None,
+        tpm_limit=None,
+    )
+    new_team = LiteLLM_TeamTableCachedObj(
+        team_id="team-new",
+        max_budget=10.0,
+        max_parallel_requests=5,
+        rpm_limit=None,
+        tpm_limit=None,
+    )
+    data = UpdateKeyRequest(key="sk-test", team_id="team-new")
+
+    monkeypatch.setattr(
+        "litellm.proxy.management_endpoints.key_management_endpoints.get_team_object",
+        AsyncMock(return_value=new_team),
+    )
+    monkeypatch.setattr(
+        "litellm.proxy.management_endpoints.key_management_endpoints._check_team_key_limits",
+        AsyncMock(return_value=None),
+    )
+    monkeypatch.setattr(
+        "litellm.proxy.management_endpoints.key_management_endpoints.TeamMemberPermissionChecks.can_team_member_execute_key_management_endpoint",
+        AsyncMock(return_value=None),
+    )
+    monkeypatch.setattr(
+        "litellm.proxy.management_endpoints.key_management_endpoints.TeamMemberPermissionChecks.enforce_member_can_assign_access_groups",
+        MagicMock(return_value=None),
+    )
+    monkeypatch.setattr(
+        "litellm.proxy.management_endpoints.key_management_endpoints.validate_key_team_change",
+        AsyncMock(return_value=None),
+    )
+    # Avoid router requirement inside team-change validation path when mocked above
+    user = UserAPIKeyAuth(
+        user_id="user-1",
+        user_role=LitellmUserRoles.PROXY_ADMIN,
+        api_key="sk-admin",
+    )
+    warnings = await _validate_update_key_data(
+        data=data,
+        existing_key_row=existing,
+        user_api_key_dict=user,
+        llm_router=MagicMock(),
+        premium_user=True,
+        prisma_client=MagicMock(),
+        user_api_key_cache=MagicMock(),
+    )
+    assert KeyTeamLimitWarning(
+        field="max_budget", requested=100.0, effective_team_cap=10.0
+    ) in warnings
+    assert KeyTeamLimitWarning(
+        field="max_parallel_requests", requested=50, effective_team_cap=5
+    ) in warnings
+
+
+
 def test_maybe_add_key_team_limit_warnings_passthrough_and_attach():
     """Attach warnings to update payloads only when caps are exceeded."""
     team_table = LiteLLM_TeamTableCachedObj(