Are tenants in Elmwood_estates required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Elmwood_estates to buy renter’s insurance. However, leases prepared by our property managers require that tenants purchase renter’s insurance 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.
Landlord Reference
a free reference for rental investors in Elmwood_estates
- Before you move a tenant into your rental in Elmwood_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 management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Elmwood_estates property owner responsibilities
- Maintenance, repairs & inspections for your property in Elmwood_estates
- 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 Elmwood_estates