Virginia Code 58.1-3516.2: Payment of taxes on leased property by lessee; information to be furnished by lessor.
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The lessor shall provide to every taxpayer that leases any motor vehicle pursuant to a contract that requires the lessee to pay the taxes thereon as provided for under this chapter, a written notice in bold print regarding the taxes to be paid by the lessee, and the lessor shall forward any such tax bill (or, in the case of a multi-vehicle tax bill issued to the lessor, a copy or facsimile of that portion of such bill that pertains to the lessee’s vehicle) to the lessee within ten business days of receipt.
Terms Used In Virginia Code 58.1-3516.2
- Contract: A legal written agreement that becomes binding when signed.
1997, c. 398.