Are renters in Fairfax_ridge required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Fairfax_ridge to pay for renter’s insurance. However, our leases require that renters purchase 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 rental property. A’s insurance policy protects the 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 useful reference for rental investors in Fairfax_ridge
- Before you lease out your rental in Fairfax_ridge
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Fairfax_ridge rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Fairfax_ridge
- 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 Fairfax_ridge