Are tenants in Westmoreland_terrace required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Westmoreland_terrace to buy a renter's insurance policy. However, our leases require that renters pay for renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. 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 good archive for property owners in Westmoreland_terrace
- Before you put a renter in your investment in Westmoreland_terrace
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term 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 & Management finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Westmoreland_terrace property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Westmoreland_terrace
- 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 Westmoreland_terrace