Are tenants in Wakefield_forest required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Wakefield_forest to pay for renter’s insurance. However, leases prepared by our property managers require that tenants purchase renter’s insurance to cover 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 dwelling 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 useful source for rental investors in Wakefield_forest
- Before you lease out your rental in Wakefield_forest
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Wakefield_forest owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Wakefield_forest
- 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 Wakefield_forest