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