(Effective January 1, 2027) Form of notice for real estate in program
Va. Code Ann. § 58.1-3234.1
in effectA. The Department shall develop and make available a written notice form with the following disclosures:
1. A locality that has adopted a land-use plan may provide use value assessment and taxation for real estate classified in § 58.1-3230 .
2. When real estate, or a parcel of such real estate, qualifies for special assessment and taxation on the basis of use, and the use or zoning of the real estate changes to a nonqualifying use or zoning, the real estate may be subject to roll-back taxes and interest pursuant to § 58.1-3237 .
3. A purchaser of any real estate may contact the commissioner of the revenue or duly appointed assessor in the locality regarding qualification for taxation on the basis of a use assessment and the liability for additional taxes and penalties that may attach if a change in use occurs.
2026, cc. 308 , 309 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/58.1-3234.1/Fetched: 10/16/2026