{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.2A-507.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.2A-507.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.2A-507.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.2A-507.html"}],"law_id":84634,"edition_id":1,"section_id":84634,"structure_id":15613,"section_number":"8.2A-507","catch_line":"Proof of market rent; time and place","history":"1991, c. 536.","full_text":"1\n\nDamages based on market rent as provided in § 8.2A-519 or § 8.2A-528 are determined according to the rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times specified in §§ 8.2A-519 and 8.2A-528.2\n\nIf evidence of rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times or places described in this title is not readily available, the rent prevailing within any reasonable time before or after the time described or at any other place or for a different lease term which in commercial judgment or under usage of trade would serve as a reasonable substitute for the one described may be used, making any proper allowance for the difference, including the cost of transporting the goods to or from the other place.3\n\nEvidence of a relevant rent prevailing at a time or place or for a lease term other than the one described in this title offered by one party is not admissible unless and until he or she has given the other party notice the court finds sufficient to prevent unfair surprise.4\n\nIf the prevailing rent or value of any goods regularly leased in any established market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of that market are admissible in evidence. The circumstances of the preparation of the report may be shown to affect its weight but not its admissibility.","order_by":null,"text":{"0":{"id":303371,"text":"Damages based on market rent as provided in § 8.2A-519 or § 8.2A-528 are determined according to the rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times specified in §§ 8.2A-519 and 8.2A-528.","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"next_prefix":"2"},"1":{"id":303372,"text":"If evidence of rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times or places described in this title is not readily available, the rent prevailing within any reasonable time before or after the time described or at any other place or for a different lease term which in commercial judgment or under usage of trade would serve as a reasonable substitute for the one described may be used, making any proper allowance for the difference, including the cost of transporting the goods to or from the other place.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"2":{"id":303373,"text":"Evidence of a relevant rent prevailing at a time or place or for a lease term other than the one described in this title offered by one party is not admissible unless and until he or she has given the other party notice the court finds sufficient to prevent unfair surprise.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"3":{"id":303374,"text":"If the prevailing rent or value of any goods regularly leased in any established market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of that market are admissible in evidence. The circumstances of the preparation of the report may be shown to affect its weight but not its admissibility.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":15613,"edition_id":1,"name":"In General","identifier":"A","label":"article","depth":3,"order_by":1,"parent_id":13913,"metadata":{},"date_created":"2026-06-26 03:56:55","date_modified":"2026-06-26 03:56:55","permalink":{"id":282571,"object_type":"structure","relational_id":15613,"identifier":"A","token":"8.2A\/5\/A","url":"\/8.2A\/5\/A\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13913,"edition_id":1,"name":"Default","identifier":"5","label":"part","depth":2,"order_by":1,"parent_id":12736,"metadata":{},"date_created":"2026-06-26 03:46:17","date_modified":"2026-06-26 03:46:17","permalink":{"id":282569,"object_type":"structure","relational_id":13913,"identifier":"5","token":"8.2A\/5","url":"\/8.2A\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12736,"edition_id":1,"name":"Commercial Code \u2014 Leases","identifier":"8.2A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":282367,"object_type":"structure","relational_id":12736,"identifier":"8.2A","token":"8.2A","url":"\/8.2A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":75475,"structure_id":15613,"section_number":"8.2A-501","catch_line":"Default; procedure","url":"\/8.2A-501\/","token":"8.2A\/5\/A\/8.2A-501","metadata":false},{"id":82307,"structure_id":15613,"section_number":"8.2A-502","catch_line":"Notice after default","url":"\/8.2A-502\/","token":"8.2A\/5\/A\/8.2A-502","metadata":false},{"id":86201,"structure_id":15613,"section_number":"8.2A-503","catch_line":"Modification or impairment of rights and remedies","url":"\/8.2A-503\/","token":"8.2A\/5\/A\/8.2A-503","metadata":false},{"id":60366,"structure_id":15613,"section_number":"8.2A-504","catch_line":"Liquidation of damages","url":"\/8.2A-504\/","token":"8.2A\/5\/A\/8.2A-504","metadata":false},{"id":60727,"structure_id":15613,"section_number":"8.2A-505","catch_line":"Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies","url":"\/8.2A-505\/","token":"8.2A\/5\/A\/8.2A-505","metadata":false},{"id":59618,"structure_id":15613,"section_number":"8.2A-506","catch_line":"Statute of limitation","url":"\/8.2A-506\/","token":"8.2A\/5\/A\/8.2A-506","metadata":false},{"id":84634,"structure_id":15613,"section_number":"8.2A-507","catch_line":"Proof of market rent; time and place","url":"\/8.2A-507\/","token":"8.2A\/5\/A\/8.2A-507","metadata":false}],"previous_section":{"id":59618,"structure_id":15613,"section_number":"8.2A-506","catch_line":"Statute of limitation","url":"\/8.2A-506\/","token":"8.2A\/5\/A\/8.2A-506","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.2A-507\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 536 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 1991 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":[{"id":74347,"section_number":"8.2A-519","catch_line":"Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods","order_by":null,"url":"\/8.2A-519\/"},{"id":69309,"section_number":"8.2A-528","catch_line":"Lessor's damages for nonacceptance or repudiation","order_by":null,"url":"\/8.2A-528\/"}],"permalink":{"id":282597,"object_type":"law","relational_id":84634,"identifier":"8.2A-507","token":"8.2A\/5\/A\/8.2A-507","url":"\/8.2A-507\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.2A-507\/","token":"8.2A\/5\/A\/8.2A-507","dublin_core":{"Title":"Proof of market rent; time and place","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.2A-507","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

1.<\/span> Damages<\/span> based on market rent as provided in § 8.2A-519<\/a> or § 8.2A-528<\/a> are determined according to the rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times specified in §§ 8.2A-519<\/a> and 8.2A-528<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> If evidence<\/span> of rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at the times or places described in this title is not readily available, the rent prevailing within any reasonable time before or after the time described or at any other place or for a different lease term which in commercial judgment<\/span> or under usage of trade would serve as a reasonable substitute for the one described may be used, making any proper allowance for the difference, including the cost of transporting the goods to or from the other place. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Evidence<\/span> of a relevant rent prevailing at a time or place or for a lease term other than the one described in this title offered by one party<\/span> is not admissible<\/span> unless and until he or she has given the other party<\/span> notice the court<\/span> finds sufficient to prevent unfair surprise. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> If the prevailing rent or value of any goods regularly leased in any established market is in issue<\/span>, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of that market are admissible<\/span> in evidence<\/span>. The circumstances of the preparation of the report may be shown to affect its weight but not its admissibility. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPROOF OF MARKET RENT; TIME AND PLACE (\u00a7 8.2A-507)\n\n1. Damages based on market rent as provided in § 8.2A-519 or §\n8.2A-528 are determined according to the rent for the use of the goods concerned\nfor a lease term identical to the remaining lease term of the original lease\nagreement and prevailing at the times specified in §§ 8.2A-519 and\n8.2A-528.\n\n2. If evidence of rent for the use of the goods concerned for a lease term\nidentical to the remaining lease term of the original lease agreement and\nprevailing at the times or places described in this title is not readily\navailable, the rent prevailing within any reasonable time before or after the\ntime described or at any other place or for a different lease term which in\ncommercial judgment or under usage of trade would serve as a reasonable\nsubstitute for the one described may be used, making any proper allowance for\nthe difference, including the cost of transporting the goods to or from the\nother place.\n\n3. Evidence of a relevant rent prevailing at a time or place or for a lease term\nother than the one described in this title offered by one party is not\nadmissible unless and until he or she has given the other party notice the court\nfinds sufficient to prevent unfair surprise.\n\n4. If the prevailing rent or value of any goods regularly leased in any\nestablished market is in issue, reports in official publications or trade\njournals or in newspapers or periodicals of general circulation published as the\nreports of that market are admissible in evidence. The circumstances of the\npreparation of the report may be shown to affect its weight but not its\nadmissibility.\n\nHISTORY: 1991, c. 536.","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}}