Property taxes assessed by the Commonwealth or by any locality shall be assessed on and collected on the individual apartments and not on the property as a whole, or on the common elements.
1962, c. 627, § 14, § 55-79.14; 1966, c. 683; 2019, c. 712.
Structure Code of Virginia
Title 55.1 - Property and Conveyances
Chapter 20 - Horizontal Property Act
§ 55.1-2001. Property taxes assessed on individual apartments
§ 55.1-2002. Chapter additional and supplemental
§ 55.1-2003. Establishment of horizontal property regime
§ 55.1-2006. Joint or common ownership
§ 55.1-2007. Exclusive and common rights of owners
§ 55.1-2008. Master deed or lease; recordation; particulars
§ 55.1-2009. Deeds of individual apartments
§ 55.1-2010. Regrouping or merger of estates with principal property
§ 55.1-2011. Merger not to bar subsequent condominium
§ 55.1-2012. Bylaws governing administration of buildings
§ 55.1-2013. Books and records; inspection; audit
§ 55.1-2014. Contributions by co-owners
§ 55.1-2015. Payment of assessments upon conveyance of apartment; priority
§ 55.1-2016. Liens or encumbrances
§ 55.1-2017. Rule against perpetuities; rule restricting unreasonable restraints on alienation
§ 55.1-2018. Liability of owner
§ 55.1-2019. Compliance by co-owner with bylaws and administrative rules and regulations