Are renters in Skyline required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Skyline to pay for a renter's insurance policy. However, leases prepared by our property managers require that tenants obtain 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 property. A’s insurance policy protects the rental dwelling 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 good archive for rental investors in Skyline
- Before you put a renter in your rental in Skyline
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Skyline owner responsibilities
- Maintenance, repairs & inspections for your rental property in Skyline
- 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 Skyline