                                 CODE OF VIRGINIA

PROOF OF MARKET RENT; TIME AND PLACE (§ 8.2A-507)

1. Damages based on market rent as provided in &#xA7; 8.2A-519 or &#xA7;
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 &#xA7;&#xA7; 8.2A-519 and
8.2A-528.

2. 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.

3. 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.

4. 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.

HISTORY: 1991, c. 536.