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