Are tenants in Oakton_cloisters required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Oakton_cloisters to buy renter’s insurance. However, our leases require that tenants purchase a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter 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.
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Landlord Reference
a free source for property owners in Oakton_cloisters
- Before you lease out your investment in Oakton_cloisters
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Oakton_cloisters property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Oakton_cloisters
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When landlords don't yet know their new address
- Vetting tenants in Oakton_cloisters