Are renters in Mayflower_square required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Mayflower_square to obtain renter’s insurance. However, our leases require that renters purchase renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter 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 archive for property owners in Mayflower_square
- Before you move a tenant into your rental property in Mayflower_square
- 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 management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Mayflower_square owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Mayflower_square
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting tenants in Mayflower_square