Are tenants in Fairfax Station required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Fairfax Station 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, renter negligence, or if someone is injured at the rental property. A’s insurance policy protects the rental dwelling 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 handy source for rental investors in Fairfax Station
- Before you rent out your property in Fairfax Station
- 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 owner get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How we find renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Fairfax Station owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Fairfax Station
- 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 renters in Fairfax Station