Are tenants in Ballston_park_condo required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Ballston_park_condo to buy a renter's insurance policy. However, our leases require that tenants obtain a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. 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 handy archive for landlords in Ballston_park_condo
- Before you rent out your rental property in Ballston_park_condo
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy 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 property manager handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Ballston_park_condo property owner responsibilities
- Maintenance, repairs & inspections for your property in Ballston_park_condo
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting renters in Ballston_park_condo