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