Are tenants in Mill Stream required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Mill Stream to buy a renter's insurance policy. However, our leases require that renters 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 property. A’s insurance policy protects the rental property 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 archive for landlords in Mill Stream
- Before you put a renter in your rental in Mill Stream
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Mill Stream rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Mill Stream
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting renters in Mill Stream