Are renters in Montclair required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Montclair to obtain renter’s insurance. However, leases prepared by our property managers require that renters buy renter’s insurance to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental dwelling. 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 useful reference for landlords in Montclair
- Before you move a tenant into your rental in Montclair
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the owner get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How we find tenants
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Montclair owner responsibilities
- Maintenance, repairs & inspections for your rental property in Montclair
- 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 renters in Montclair