Are tenants in Circle_condominiums required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Circle_condominiums to purchase renter’s insurance. However, leases prepared by our property managers require that renters purchase 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 free archive for property owners in Circle_condominiums
- Before you rent out your rental in Circle_condominiums
- 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 rental investor get paid?
- How your management company handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Circle_condominiums property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Circle_condominiums
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When landlords don't yet know their new address
- Vetting renters in Circle_condominiums