The county assessor may assess roll-back taxes, penalties and interest in accordance
with the Code of Virginia. However, roll-back taxes from a subdivision, separation
or split of real property shall not apply to a family subdivision as defined in Chapter 17, provided that title to the parcels subdivided, separated, or split-off is held in
the name of an immediate family member for at least the first 60 months immediately
following the subdivision, separation, or split-off.
(Code 1978, § 8-22; Ord. of 10-11-06)
