Are tenants in Penn Laird required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Penn Laird to purchase renter’s insurance. However, leases prepared by our property managers require that tenants purchase renter’s insurance 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 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.
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Landlord Reference
a free archive for property owners in Penn Laird
- Before you put a renter in your investment in Penn Laird
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter 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 Realty & Management finds renters
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Penn Laird owner responsibilities
- Maintenance, repairs & inspections for your property in Penn Laird
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting tenants in Penn Laird