Virginia § 36-158 - Definitions
Full text of Virginia Code of Virginia § 36-158 — Definitions, with citation guidance and answers to common questions.
§ 36-158. Definitions
As used in this chapter:
"Based assessed value" means the assessed value of real estate within a housing revitalization zone as shown upon the records of the local assessing officer on January 1 of the year preceding the date of the designation of such zone.
"Business firm" means any corporation, partnership, electing small business (Subchapter S) corporation, limited liability company, or sole proprietorship authorized to do business in the Commonwealth and subject to tax imposed under Articles 2 (§ 58.1-320 et seq.) and 10 (§ 58.1-400 et seq.) of Chapter 3, Chapter 12 (§ 58.1-1200 et seq.), Article 1 (§ 58.1-2500 et seq.) of Chapter 25, or Article 2 (§ 58.1-2620 et seq.) of Chapter 26 of Title 58.1.
"Department" means the Department of Housing and Community Development.
"Fund" means the Housing Revitalization Zone Fund.
"Housing revitalization zone" means an area declared by the Governor to be eligible for the benefits of this chapter.
"Housing unit" means any building, structure, or portion thereof, which is occupied as, or intended for occupancy as, a residence by one or more families.
"Local zone administrator" means the chief executive of the county, city, or town in which a housing revitalization zone is located, or his designee.
"Planning district" means a contiguous area within the boundaries established by the Department of Housing and Community Development.
"Qualified business firm" means a business firm designated as a qualified business firm by the Department pursuant to § 36-165.
"Qualified owner occupant" means the owner of a housing unit who also uses the housing unit as the owner's residence, and who is designated as a qualified owner occupant pursuant to § 36-165.
Frequently Asked Questions About Virginia § 36-158
What does Code of Virginia § 36-158 cover?
Section 36-158 ("Definitions") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 36-158?
A common citation format is "Code of Virginia § 36-158" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 36-158 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.