Are tenants in Circle_condominiums required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Circle_condominiums to buy a renter's insurance policy. However, our leases require that renters pay for 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 rental property. A’s insurance policy protects the rental property 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.
Landlord Reference
a good archive for property owners in Circle_condominiums
- Before you rent out your property in Circle_condominiums
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Circle_condominiums landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Circle_condominiums
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting renters in Circle_condominiums