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