Are tenants in Potomac Yard required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Potomac Yard to purchase renter’s insurance. However, leases prepared by our property managers require that renters purchase a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the property. A’s insurance policy protects the property 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.
Landlord Reference
a useful archive for landlords in Potomac Yard
- Before you put a renter in your property in Potomac Yard
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property management company handles the association and your community
- How your property manager handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Potomac Yard landlord responsibilities
- Maintenance, repairs & inspections for your property in Potomac Yard
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When landlords don't yet know their new address
- Vetting tenants in Potomac Yard