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