Are renters in 1510_condo required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in 1510_condo to purchase a renter's insurance policy. However, our leases require that renters 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 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 good source for landlords in 1510_condo
- Before you lease out your investment in 1510_condo
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the owner 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 property owners using our rental management
- How Nesbitt Realty & Management manage keys
- 1510_condo rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in 1510_condo
- 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 tenants in 1510_condo