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