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