Are renters in Olde Mill Towns required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Olde Mill Towns to pay for a renter's insurance policy. However, our leases require that renters obtain a renter's insurance policy 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 rental 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.
Landlord Reference
a handy source for property owners in Olde Mill Towns
- Before you move a tenant into your investment in Olde Mill Towns
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Olde Mill Towns owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Olde Mill Towns
- 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 Olde Mill Towns