Board of Supervisors of Fairfax County v. Nassif
Supreme Court of Virginia
1Opinion of the CourtCarrico, C.J.
This is an appeal by the Board of Supervisors of Fairfax County from a final order reducing the 1978 tax assessment on property owned by David E. Nassif, doing business as Suffolk Properties. The property consists of three adjacent parcels of land improved by a multistory office building and paved parking areas. The building contains 229,549 square feet of leasable space, approximately 94% of which is rented to the federal government for a 20-year term that commenced in 1964. The lease contains no rent-escalation clause or expense-pass-through provision.
Employing the capitalization of income…
2Cases cited6 opinions
- Donovan v. City of HaverhillMassachusetts Supreme Judicial Court · 1923
- Fruit Growers Express Co. v. City of AlexandriaSupreme Court of Virginia · 1976
- Richmond, Fredericksburg & Potomac Railroad v. State Corp.Supreme Court of Virginia · 1978
- Norfolk and Western Railway Co. v. CommonwealthSupreme Court of Virginia · 1971
- Shaia v. City of RichmondSupreme Court of Virginia · 1967
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3Cited by23 opinions
- Board of Supervisors v. Donatelli & Klein, Inc.Supreme Court of Virginia · 1985
- Darcel, Inc. v. City of Manitowoc Board of ReviewWisconsin Supreme Court · 1987
- Arlington County Board v. GinsbergSupreme Court of Virginia · 1985
- Nassif v. Board of SupervisorsSupreme Court of Virginia · 1986
- City of Richmond v. GordonSupreme Court of Virginia · 1982
18 more not listed; retrieve them via the Exa API.