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