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