The Code of Virginia, 1950, as amended, provides for the assessment and collection of real estate taxes based on fair market value established by the governing body each year.
Real estate taxes are due twice a year on June 15th and November 15th. A late payment penalty of 10% is added the day following the due date with interest accruing at 10% per year. Any payment postmarked before the deadline will be accepted without penalty. To ensure timely payment it is recommended that all mailed remittances are hand canceled by a Postal employee. Failure to receive a tax bill will not relieve the penalty and interest charges that will be applied to all past due bills.
Assessment questions should be directed to the Commissioner of Revenue. Real estate bills are mailed in the name of the property owner as of January 1 of each year. If you receive a bill for property that you have sold during the year, please forward the bill to the current owner. Real estate tax bills that are requested by a mortgage company are sent directly to the mortgage company. If you receive a real estate tax bill that your mortgage company should be paying, you should forward the bill to your mortgage company.