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