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