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