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