Are tenants in Buckingham Commons required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Buckingham Commons to purchase renter’s insurance. However, our leases require that tenants buy 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 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 good reference for property owners in Buckingham Commons
- Before you move a tenant into your property in Buckingham Commons
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy 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 property management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Buckingham Commons rental investor responsibilities
- Maintenance, repairs & inspections for your property in Buckingham Commons
- 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 tenants in Buckingham Commons