Are tenants in Features required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Features to purchase renter’s insurance. However, leases prepared by our property managers require that renters 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 rental dwelling 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.
Is it time to sell?
Call (703)765-0300 to talk with an agent.
Landlord Reference
a useful reference for rental investors in Features
- Before you lease out your rental property in Features
- 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 management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Features property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Features
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When property owners don't yet know their new address
- Vetting tenants in Features