Are renters in Oakton required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Oakton to purchase 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, tenant negligence, or if someone is injured at the property. 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 free reference for rental investors in Oakton
- Before you put a renter in your rental in Oakton
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property management company handles the association and your community
- How your rental manager handles utilities
- How we find renters
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Oakton landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Oakton
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When landlords don't yet know their new address
- Vetting tenants in Oakton