Are renters in Mclean Inventory required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Mclean Inventory to buy renter’s insurance. However, our leases require that renters purchase 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 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 handy archive for rental investors in Mclean Inventory
- Before you lease out your rental property in Mclean Inventory
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the rental investor 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 rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Mclean Inventory property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Mclean Inventory
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting renters in Mclean Inventory