Are tenants in The Oakton required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in The Oakton to buy renter’s insurance. However, our leases require that tenants purchase renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. A’s insurance policy protects the rental dwelling from loss, but not the renter’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 landlords in The Oakton
- Before you move a tenant into your property in The Oakton
- 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 owner get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- The Oakton landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in The Oakton
- 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 tenants in The Oakton