§ 58.1-3222. Abatement of levies on buildings razed, destroyed or damaged by fortuitous happenings
The governing body of any county or city may provide for the abatement of levies on buildings which are (i) razed, or (ii) destroyed or damaged by a fortuitous happening beyond the control of the owner. In any county or city wherein assessments are made as provided in § 58.1-3292 or § 58.1-3292.1, the governing body shall so provide. No such abatement, however, shall be allowed if the destruction or damage to such building shall decrease the value thereof by less than $500. Also, no such abatement shall be allowed unless the destruction or damage renders the building unfit for use and occupancy for thirty days or more during the calendar year. The tax on such razed, destroyed or damaged building is computed according to the ratio which the portion of the year the building was fit for use, occupancy and enjoyment bears to the entire year. Application for such abatement shall be made by or on behalf of the owner of the building within six months of the date on which the building was razed, destroyed or damaged.
(Code 1950, § 58-811.2; 1958, c. 559; 1984, cc. 372, 675; 2000, c. 399.)
Sections: Previous 58.1-3220 58.1-3220.01 58.1-3220.1 58.1-3221 58.1-3221.1 58.1-3221.2 58.1-3221.3 58.1-3222 58.1-3223 58.1-3224 58.1-3225 58.1-3226 58.1-3226.1 58.1-3227 58.1-3228 NextLast modified: April 16, 2009