Are tenants in Basye required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Basye to pay for renter’s insurance. However, our leases require that tenants 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 dwelling. A’s insurance policy protects the rental dwelling 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 handy archive for property owners in Basye
- Before you move a tenant into your investment in Basye
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property 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
- Basye landlord responsibilities
- Maintenance, repairs & inspections for your property in Basye
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting renters in Basye