Are tenants in The_cavendish_phase_ii required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in The_cavendish_phase_ii to pay for renter’s insurance. However, leases prepared by our property managers require that renters purchase 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 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.
Buying Tips & Suggestions
Find out why clients love our tiny family business.
Landlord Reference
a useful reference for property owners in The_cavendish_phase_ii
- Before you lease out your property in The_cavendish_phase_ii
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for rental investors using our rental management
- How Nesbitt Realty & Management manage keys
- The_cavendish_phase_ii owner responsibilities
- Maintenance, repairs & inspections for your property in The_cavendish_phase_ii
- 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 tenants in The_cavendish_phase_ii