Are renters in The_waterview_condominium required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in The_waterview_condominium to pay for renter’s insurance. However, our leases require that tenants pay for 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 useful source for landlords in The_waterview_condominium
- Before you put a renter in your rental in The_waterview_condominium
- 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 rental investor get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- The_waterview_condominium rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in The_waterview_condominium
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When property owners don't yet know their new address
- Vetting renters in The_waterview_condominium