Are renters in Lorcom Grove required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Lorcom Grove to pay for renter’s insurance. However, leases prepared by our property managers require that renters buy renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the rental 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 Lorcom Grove
- Before you move a tenant into your rental property in Lorcom Grove
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Lorcom Grove rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Lorcom Grove
- 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 tenants in Lorcom Grove