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