Are tenants in Potomac Yard required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Potomac Yard to obtain a renter's insurance policy. However, our leases 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 property. A’s insurance policy protects the rental property from loss, but not the renter’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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- Before you rent out your rental in Potomac Yard
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your management company handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Potomac Yard landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Potomac Yard
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting renters in Potomac Yard