Are tenants in Regency_at_mclean required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Regency_at_mclean to pay for renter’s insurance. However, leases prepared by our property managers require that renters buy a renter's insurance policy which pays for 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.
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Landlord Reference
a useful reference for rental investors in Regency_at_mclean
- Before you rent out your investment in Regency_at_mclean
- 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 rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Regency_at_mclean landlord responsibilities
- Maintenance, repairs & inspections for your rental property in Regency_at_mclean
- 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 tenants in Regency_at_mclean