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Notice to Assessor of new or remodeled buildings; assessment (effective July 1, 2026).

Richmond, Va., City Code § 26-262
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Sec. 26-262. - Notice to Assessor of new or remodeled buildings; assessment (effective July 1, 2026). (a) The Commissioner of Buildings shall notify the Assessor whenever erection of any new buildings or remodeling of existing structures is commenced within the City. Such new buildings and remodeled existing structures shall be assessed, whether entirely finished or not, at their fair market value on July 1 of the year for which the assessment is made. (b) This section is effective on July 1, 2026. (Code 1993, § 27-41; Code 2004, § 98-55; Code 2015, § 26-262; Code 2020, § 26-262; Ord. No. 2024-130, § 4(26-262), 5, 5-28-2024)
Source: City of Richmond, Virginia, Code (2026 recodification) and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/va/richmond/codes/code_of_ordinances?nodeId=PTIICICO_CH26TA_ARTIIIASPRTA_DIV9MIPR_S26-262NOASNEREBUASEFJU12026Fetched: 11/8/2026

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