Are tenants in Lord Fairfax Estates required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Lord Fairfax Estates to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants 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 free source for property owners in Lord Fairfax Estates
- Before you move a tenant into your rental property in Lord Fairfax Estates
- 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 rental investor get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Lord Fairfax Estates property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Lord Fairfax Estates
- 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 renters in Lord Fairfax Estates