Title 58.1. Taxation
Chapter 32. Real Property Tax
§ 58.1-3234.1. (Effective January 1, 2027) Form of notice for real estate in program.
A. 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.
