Colorado § 39-3.5-110 Events requiring repayment of loans - notice to state treasurer

Colorado Statutes

§ 39-3.5-110 — Events requiring repayment of loans - notice to state treasurer

Colorado § 39-3.5-110

Title 39Taxation

Art.Tax Deferral for the Elderly

This text of Colorado § 39-3.5-110 (Events requiring repayment of loans - notice to state treasurer) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 39-3.5-110 (2026).

Text

(1)All loans for deferred real property taxes, including accrued interest, shall become payable subject to sections 39-3.5-111 and 39-3.5-112 when:

(a)The taxpayer who claimed the tax deferral dies;

(b)The property on which the taxes were deferred is sold or becomes subject to a contract of sale, or title to the property is transferred to someone other than the taxpayer who claimed the tax deferral;

(c)The property is no longer the homestead of the taxpayer who claimed the deferral, except in the case of a taxpayer required to be absent from such tax-deferred property by reason of ill health or because the property is uninhabitable as a result of natural causes;

(d)The tax-deferred property no longer meets the requirement of section 39-3.5-103 (1)(c); (d.5) The tax-deferred

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(1) All loans for deferred real property taxes, including accrued interest, shall
become payable subject to sections 39-3.5-111 and 39-3.5-112 when:

(a) The taxpayer who claimed the tax deferral dies;

(b) The property on which the taxes were deferred is sold or becomes
subject to a contract of sale, or title to the property is transferred to someone other
than the taxpayer who claimed the tax deferral;

(c) The property is no longer the homestead of the taxpayer who claimed the
deferral, except in the case of a taxpayer required to be absent from such tax-deferred property by reason of ill health or because the property is uninhabitable as
a result of natural causes;

(d) The tax-deferred property no longer meets the requirement of section
39-3.5-103 (1)(c);

(d.5) The tax-deferred property no longer meets the requirement of section
39-3.5-103 (1)(f), except in the case of a property whose value has decreased as a
result of natural causes; and

(e) The location of the tax-deferred mobile home has changed either within
the county or to another county.

(1.5) The exceptions related to natural causes set forth in subsections (1)(c)
and (1)(d.5) of this section apply for three years from the date of the natural cause
or until the date that the property is no longer valued as vacant residential land,
whichever date is sooner.

(2) When the assessor or treasurer has reason to believe any of the
circumstances enumerated in this section has occurred, he shall promptly notify
the state treasurer.

Legislative History

Source: L. 78: Entire article added, p. 475, � 1, effective February 28, 1979. L. 79: (1)(d) amended, p. 1413, � 6, effective January 1, 1980. L. 88: (1)(d) amended and (1)(e) added, p. 1285, � 15, effective January 1, 1989. L. 2002: IP(1) amended, p. 638, � 4, effective July 1. L. 2022: (1)(c) and (1)(d) amended and (1)(d.5) and (1.5) added, (SB 22-220), ch. 388, p. 2762, � 12, effective June 7.