Are tenants in Penn Laird required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Penn Laird to buy renter’s insurance. However, leases prepared by our property managers require that tenants purchase renter’s insurance to cover 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 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.
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Landlord Reference
a handy archive for rental investors in Penn Laird
- Before you lease out your rental in Penn Laird
- 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 management company handles utilities
- How we find tenants
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Penn Laird property owner responsibilities
- Maintenance, repairs & inspections for your property in Penn Laird
- 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 Penn Laird