Are renters in Ballston_park required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Ballston_park to buy renter’s insurance. However, leases prepared by our property managers require that renters buy a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental property. A’s insurance policy protects the rental dwelling 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 handy reference for rental investors in Ballston_park
- Before you lease out your rental in Ballston_park
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Ballston_park landlord responsibilities
- Maintenance, repairs & inspections for your rental property in Ballston_park
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting renters in Ballston_park