                                 CODE OF VIRGINIA

BUILDING, ETC., WHEN DAMAGED OR DESTROYED, VALUE TO BE REDUCED (§ 58.1-3293)

When from natural decay or other causes any previously assessed building and
enclosure as aforesaid, is either wholly destroyed or reduced in value below
$100, the commissioner shall deduct from the charge against the owner the value
at which such building and enclosure may have been assessed; and if the value of
the building has been impaired by violence to the extent of $100 or more, the
commissioner shall assess the building in its present condition and reduce the
charge for the same to the amount so assessed. When any timberland heretofore
assessed, the owner of the timber on which is also the owner of the land, is
reduced in value to the extent of $200 or more by the removal of the timber
therefrom, the commissioner shall assess the land in its then present condition
and reduce the charge for the same to the amount so assessed.

HISTORY: Code 1950, § 58-813; 1984, c. 675.