Administrative Code

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Virginia Administrative Code
Title 24. Transportation and Motor Vehicles
Agency 30. Department of Transportation
Chapter 540. Conveyance of Land and Disposal of Improvements
4/9/2020

24VAC30-540-20. Land for Independent Development.

A. Residue and surplus land with the potential of independent development and with a definite market value will be offered for public sale after the land has been offered to the original former property owner at fair market value.

B. Exceptions in the best interests of the Commonwealth are when:

1. Transfer of property is included in negotiations for other land needed for right-of-way.

2. Another state agency or locality expresses a need for such property and is willing to acquire same for a consideration deemed satisfactory to the Director of Right of Way and Utilities.

Statutory Authority

§ 33.2-210 of the Code of Virginia.

Historical Notes

Derived from Volume 17, Issue 23, eff. June 29, 2001.

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