Are renters in Buckingham_commons_village required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Buckingham_commons_village to purchase a renter's insurance policy. However, leases prepared by our property managers require that tenants obtain renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the property. A’s insurance policy protects the 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 rental investors in Buckingham_commons_village
- Before you lease out your property in Buckingham_commons_village
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property manager 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_village property owner responsibilities
- Maintenance, repairs & inspections for your property in Buckingham_commons_village
- 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_village