Virginia § 58.1-3205 - Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation
Full text of Virginia Code of Virginia § 58.1-3205 — Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation, with citation guidance and answers to common questions.
§ 58.1-3205. Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation
Where an interest in real property less than the fee is held by a public body for the purposes of the Open-Space Land Act (§ 10.1-1700 et seq.), the Virginia Conservation Easement Act (§ 10.1-1009 et seq.), or Chapters 22 and 24 of Title 10.1, assessments for local taxation on the property shall conform to the requirements of § 10.1-1011. The value of the interest held by the public body shall be exempt from property taxation to the same extent as other property owned by the public body.
1984, c. 675; 1998, c. 487.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 58.1-3205
What does Code of Virginia § 58.1-3205 cover?
Section 58.1-3205 ("Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation") 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 § 58.1-3205?
A common citation format is "Code of Virginia § 58.1-3205" (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 § 58.1-3205 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.