Are tenants in Kings_highway required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Kings_highway to buy a renter's insurance policy. However, leases prepared by our property managers require that tenants buy renter’s insurance to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental property. A’s insurance policy protects the rental dwelling from loss, but not the tenant’s personal property if it is damaged, destroyed or stolen. Please contact your insurance agent to let them know that you are putting your property into service.
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Landlord Reference
a handy archive for landlords in Kings_highway
- Before you lease out your rental in Kings_highway
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Kings_highway landlord responsibilities
- Maintenance, repairs & inspections for your rental property in Kings_highway
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting renters in Kings_highway