Are tenants in Lake Frederick required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Lake Frederick to obtain a renter's insurance policy. However, our leases require that renters buy renter’s insurance to cover 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.
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Landlord Reference
a free reference for property owners in Lake Frederick
- Before you rent out your rental property in Lake Frederick
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your property 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 property management
- How Nesbitt Management handles keys
- Lake Frederick owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Lake Frederick
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting tenants in Lake Frederick