§ 58.1-3381. Action of board; notice required before increase made
A. The board shall hear and determine any and all such petitions and, by order, may increase, decrease or affirm the assessment of which complaint is made; and, by order, it may increase or decrease any assessment, upon its own motion. No assessment shall be increased until after the owner of the property has been notified and given an opportunity to show cause against such increase, unless such owner has already been heard.
B. Any determination of the assessment by the board shall be deemed presumptively correct for the succeeding two years unless the assessor can demonstrate by clear and convincing evidence that a substantial change in value of the property has occurred. This subsection shall apply to the City of Virginia Beach.
(Code 1950, § 58-906; 1984, c. 675; 1993, c. 136; 2007, c. 813.)
Sections: Previous 58.1-3374 58.1-3375 58.1-3376 58.1-3377 58.1-3378 58.1-3379 58.1-3380 58.1-3381 58.1-3382 58.1-3383 58.1-3384 58.1-3385 58.1-3386 58.1-3387 58.1-3388 NextLast modified: April 3, 2009