Are renters in Fairfax Station required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Fairfax Station to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters obtain a renter's insurance policy which pays for 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 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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Landlord Reference
a handy reference for rental investors in Fairfax Station
- Before you lease out your rental in Fairfax Station
- Collections and evictions
- Communications with the tenant
- 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 property management company handles utilities
- How we find renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Fairfax Station landlord responsibilities
- Maintenance, repairs & inspections for your property in Fairfax Station
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting tenants in Fairfax Station