Are renters in Residences_at_sullivan required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Residences_at_sullivan to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants pay for renter’s insurance which pays for 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 dwelling 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 good archive for property owners in Residences_at_sullivan
- Before you lease out your property in Residences_at_sullivan
- 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 owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Residences_at_sullivan landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Residences_at_sullivan
- 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 tenants in Residences_at_sullivan