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