Are renters in Douglas Park required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Douglas Park to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants obtain 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 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 useful reference for rental investors in Douglas Park
- Before you move a tenant into your investment in Douglas Park
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Douglas Park rental investor responsibilities
- Maintenance, repairs & inspections for your property in Douglas Park
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting tenants in Douglas Park