§ 74-91. Imposed; amount.

On every deed, except a deed exempt from taxation by law, and on every other instrument upon which there is imposed a state recordation tax pursuant to the provisions of title 58.1, chapter 8, of the Code of Virginia (Code of Virginia, § 58.1-800 et seq.), there is imposed a county recordation tax in an amount equal to one-third of the amount of the state recordation tax so imposed on the first recordation of each such taxable instrument recorded in the clerk's office of the county. No county recordation tax shall be imposed on any instrument in which the state tax is $0.50. Where a deed or other such instrument conveys, covers or relates to property located partly in the county and partly in another county or city or in the other counties or cities, the tax imposed under the authority of this section shall be computed only with respect to the property located in the county.

(Code 1988, § 13-56)

(Code 1988, § 13-56)