Are tenants in Condos Sale Mclean required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Condos Sale Mclean to obtain a renter's insurance policy. However, our leases require that renters pay for 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 rental property. 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.
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Landlord Reference
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- Before you rent out your property in Condos Sale Mclean
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Condos Sale Mclean rental investor responsibilities
- Maintenance, repairs & inspections for your property in Condos Sale Mclean
- 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 Condos Sale Mclean