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Form a Business

MAKING OF ASSESSMENTS; REQUIREMENTS FOR SAME

Richmond, Va., City Code ch. 26, art. III, div. 4
in effect

Richmond, Va., City Code § 26-122 Time of making and entering assessment; notice of increase.

Sec. 26-122. - Time of making and entering assessment; notice of increase. (a) Every assessment of real estate shall be completed not later than June 31 of the year immediately preceding the first tax year for which such assessment is to be effective for tax purposes, and every parcel of real estate shall be entered separately upon a land book in the name and street address of the owner thereof. In cases where real property is owned by more than one person, the land book shall contain the name and street address of at least one of the owners. Whenever any such assessment is increased, the Assessor shall give written notice thereof to the owner of such real estate and of any interest therein by mailing such notice to the last known post office address of such owner, but the validity of such assessment shall not be affected by any failure to give or receive such notice. (Code 2020, § 26-122; Ord. No. 2024-130, §§ 4(26-122), 5, 5-28-2024)

Richmond, Va., City Code § 26-123 Assessment of City property.

Sec. 26-123. - Assessment of City property. The Assessor shall also assess at its fair market value all real estate owned by the City as if such real estate were subject to taxation. (Code 1993, § 27-26; Code 2004, § 98-41; Code 2015, § 26-123; Code 2020, § 26-123)

Richmond, Va., City Code § 26-124 Assessment not invalidated by error unless prejudicial.

Sec. 26-124. - Assessment not invalidated by error unless prejudicial. No assessment of any real estate shall be held to be invalid because of any error, omission or irregularity in charging such real estate on the land book unless it is shown by the person contesting any such assessment that such error, omission or irregularity has operated to the prejudice of the rights of the taxpayer. (Code 1993, § 27-27; Code 2004, § 98-42; Code 2015, § 26-124; Code 2020, § 26-124)
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_DIV4MAASRESAFetched: 11/8/2026

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