Are renters in Merrifield required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Merrifield to buy a renter's insurance policy. 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 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 good archive for landlords in Merrifield
- Before you lease out your rental property in Merrifield
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Merrifield rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Merrifield
- 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 tenants in Merrifield