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2001 SESSION
010009468Patrons-- Marye, Colgan and Watkins; Delegates: Bryant, Ingram, Jackson, Marshall, Moran and Shuler
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 25-249.1, as follows:
§ 25-249.1. Reimbursement of owner for cost of appraisal; providing copy of appraisal to state agency.
Any state agency acquiring real property in connection with any program or project shall reimburse the owner for reasonable expenses the owner incurred in having the real property appraised, following the initiation of negotiations for acquisition of the real property pursuant to § 25-248, by an appraiser selected by the owner, provided that (i) reimbursement shall not be required if the appraisal is conducted by someone other than a certified general real estate appraiser licensed in accordance with Chapter 20.1 (§ 54.1-2009 et seq.) of Title 54; (ii) reimbursement shall be not be required if the owner failed to provide the state agency with a copy of the appraisal report as soon as practicable after the owner's receipt thereof; (iii) reasonable expenses shall include the cost of the actual appraisal and any additional hourly or per diem fees if the appraiser is required to testify as to the valuation of the real property; and, (iv) the state agency shall not be required to reimburse the owner for the cost of more than one such appraisal.