{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-3205.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-3205.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-3205.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-3205.html"}],"law_id":87501,"edition_id":1,"section_id":87501,"structure_id":16476,"section_number":"58.1-3205","catch_line":"Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation","history":"1984, c. 675; 1998, c. 487.","full_text":"Where an interest in real property less than the fee is held by a public body for the purposes of the Open-Space Land Act (\u00a7 10.1-1700 et seq.), the Virginia Conservation Easement Act (\u00a7 10.1-1009 et seq.), or Chapters 22 and 24 of Title 10.1, assessments for local taxation on the property shall conform to the requirements of \u00a7 10.1-1011. The value of the interest held by the public body shall be exempt from property taxation to the same extent as other property owned by the public body.","order_by":null,"text":{"0":{"id":313242,"text":"Where an interest in real property less than the fee is held by a public body for the purposes of the Open-Space Land Act (\u00a7 10.1-1700 et seq.), the Virginia Conservation Easement Act (\u00a7 10.1-1009 et seq.), or Chapters 22 and 24 of Title 10.1, assessments for local taxation on the property shall conform to the requirements of \u00a7 10.1-1011. The value of the interest held by the public body shall be exempt from property taxation to the same extent as other property owned by the public body.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16476,"edition_id":1,"name":"Taxable Real Estate","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":12997,"metadata":{},"date_created":"2026-06-26 04:20:08","date_modified":"2026-06-26 04:20:08","permalink":{"id":256889,"object_type":"structure","relational_id":16476,"identifier":"1","token":"58.1\/III\/32\/1","url":"\/58.1\/III\/32\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12997,"edition_id":1,"name":"Real Property Tax","identifier":"32","label":"chapter","depth":3,"order_by":1,"parent_id":12704,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":256887,"object_type":"structure","relational_id":12997,"identifier":"32","token":"58.1\/III\/32","url":"\/58.1\/III\/32\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12704,"edition_id":1,"name":"Local Taxes","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":256459,"object_type":"structure","relational_id":12704,"identifier":"III","token":"58.1\/III","url":"\/58.1\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78692,"structure_id":16476,"section_number":"58.1-3200","catch_line":"Real estate subject to local taxation; taxable real estate defined; leaseholds","url":"\/58.1-3200\/","token":"58.1\/III\/32\/1\/58.1-3200","metadata":false},{"id":69402,"structure_id":16476,"section_number":"58.1-3201","catch_line":"What real estate to be taxed; amount of assessment; public service corporation property","url":"\/58.1-3201\/","token":"58.1\/III\/32\/1\/58.1-3201","metadata":false},{"id":74343,"structure_id":16476,"section_number":"58.1-3202","catch_line":"Taxation of certain multi-unit real estate","url":"\/58.1-3202\/","token":"58.1\/III\/32\/1\/58.1-3202","metadata":false},{"id":83715,"structure_id":16476,"section_number":"58.1-3203","catch_line":"Taxation of certain leasehold interests; concessions","url":"\/58.1-3203\/","token":"58.1\/III\/32\/1\/58.1-3203","metadata":false},{"id":78421,"structure_id":16476,"section_number":"58.1-3204","catch_line":"Lands acquired from United States, etc., when beneficial ownership held prior to January 1","url":"\/58.1-3204\/","token":"58.1\/III\/32\/1\/58.1-3204","metadata":false},{"id":87501,"structure_id":16476,"section_number":"58.1-3205","catch_line":"Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation","url":"\/58.1-3205\/","token":"58.1\/III\/32\/1\/58.1-3205","metadata":false}],"previous_section":{"id":78421,"structure_id":16476,"section_number":"58.1-3204","catch_line":"Lands acquired from United States, etc., when beneficial ownership held prior to January 1","url":"\/58.1-3204\/","token":"58.1\/III\/32\/1\/58.1-3204","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-3205\/","history_text":"

This law was first created in 1984. The record of its establishment is cataloged in chapter 675 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1984 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1998, chapter 487<\/a>.<\/p>","references":[{"id":54525,"section_number":"10.1-2207","catch_line":"Property to reflect change in market value","order_by":null,"url":"\/10.1-2207\/"}],"refers_to":[{"id":64435,"section_number":"10.1-1009","catch_line":"Definitions","order_by":null,"url":"\/10.1-1009\/"},{"id":83678,"section_number":"10.1-1011","catch_line":"Taxation","order_by":null,"url":"\/10.1-1011\/"},{"id":59427,"section_number":"10.1-1700","catch_line":"Definitions","order_by":null,"url":"\/10.1-1700\/"}],"permalink":{"id":256911,"object_type":"law","relational_id":87501,"identifier":"58.1-3205","token":"58.1\/III\/32\/1\/58.1-3205","url":"\/58.1-3205\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-3205\/","token":"58.1\/III\/32\/1\/58.1-3205","dublin_core":{"Title":"Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-3205","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Where an interest in real property less than the fee is held by a public body for the purposes of the Open-Space Land Act (\u00a7 10.1-1700<\/a> et seq.), the Virginia Conservation Easement Act (\u00a7 10.1-1009<\/a> et seq.), or Chapters 22 and 24 of Title 10.1, assessments for local taxation on the property shall conform to the requirements of \u00a7 10.1-1011<\/a>. The value of the interest held by the public body shall be exempt from property taxation to the same extent as other property owned by the public body.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nASSESSMENT OF REAL PROPERTY WHERE INTEREST LESS THAN FEE IS HELD BY PUBLIC BODY;\nEXEMPTION OF INTEREST OF PUBLIC BODY FROM TAXATION (\u00a7 58.1-3205)\n\nWhere an interest in real property less than the fee is held by a public body\nfor the purposes of the Open-Space Land Act (\u00a7 10.1-1700 et seq.), the Virginia\nConservation Easement Act (\u00a7 10.1-1009 et seq.), or Chapters 22 and 24 of Title\n10.1, assessments for local taxation on the property shall conform to the\nrequirements of \u00a7 10.1-1011. The value of the interest held by the public body\nshall be exempt from property taxation to the same extent as other property\nowned by the public body.\n\nHISTORY: 1984, c. 675; 1998, c. 487.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}