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