{"data":{"id":"us-va/va.-code-58.1-3205","jurisdiction":"us-va","citation":"Va. Code § 58.1-3205","heading":"Assessment of real property where interest less than fee is held by public body; exemption of interest of public body from taxation","body":"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 (§ 10.1-1700 et seq.), the Virginia Conservation Easement Act (§ 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 § 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.1984, c. 675; 1998, c. 487.","path":["Title 58.1. TAXATION","Subtitle III. LOCAL TAXES","Chapter 32. REAL PROPERTY TAX","Article 1. TAXABLE REAL ESTATE"],"source_url":"https://law.lis.virginia.gov/vacode/58.1-3205/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:44Z","sha256":"ed6a1092a1bd109a0b8ed3f1d1600278a1a86a589461f18d563ba19a28b60146","source_id":"us-va","stale":true,"prev":"us-va/va.-code-58.1-3204","next":"us-va/va.-code-58.1-3210"},"notice":"GroundRules: Original legal text. Not legal advice."}