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