Are tenants in Orkney Springs required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Orkney Springs to obtain renter’s insurance. However, leases prepared by our property managers require that renters obtain a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the rental dwelling 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 Orkney Springs
- Before you move a tenant into your investment in Orkney Springs
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Orkney Springs owner responsibilities
- Maintenance, repairs & inspections for your rental property in Orkney Springs
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting renters in Orkney Springs