Are tenants in Deer_run_crossing required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Deer_run_crossing to obtain a renter's insurance policy. However, our leases require that tenants 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 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.
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Landlord Reference
a useful source for rental investors in Deer_run_crossing
- Before you move a tenant into your rental property in Deer_run_crossing
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the property owner 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 rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Deer_run_crossing owner responsibilities
- Maintenance, repairs & inspections for your rental property in Deer_run_crossing
- 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 Deer_run_crossing