Are tenants in Founders_walk required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Founders_walk to obtain renter’s insurance. However, our leases 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 dwelling. 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 good source for landlords in Founders_walk
- Before you move a tenant into your rental property in Founders_walk
- Collections and evictions
- Communications with the tenant
- 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 rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Founders_walk landlord responsibilities
- Maintenance, repairs & inspections for your property in Founders_walk
- 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 Founders_walk