Are tenants in Homestead Sleepy Woods required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Homestead Sleepy Woods to pay for renter’s insurance. However, leases prepared by our property managers require that renters obtain renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the 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 useful archive for rental investors in Homestead Sleepy Woods
- Before you lease out your rental property in Homestead Sleepy Woods
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Homestead Sleepy Woods property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Homestead Sleepy Woods
- 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 renters in Homestead Sleepy Woods