The governing body of any county, city or town may provide for the special assessment and valuation for purposes of taxation of all real property within its jurisdiction which is encumbered by a recorded perpetual easement permitting the inundation of such property by water.
Va. Code Ann. § 58.1-3620
Properties inundated by water
Code 1950, § 58-12.79; 1977, c. 479; 1978, c. 848; 1984, c. 675.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.