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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A taxpayer's claim for deferral must be in writing on a form prescribed and supplied by the state treasurer and must:
(a) Describe the property;
(b) Recite facts which establish eligibility for deferral under the provisions of this article;
(c) List all mortgages and deeds of trust which constitute liens upon the property, together with the book and page number of the county records at which each is recorded and the date of recordation;
(d) List all mortgages which constitute liens upon a mobile home, together with the street address and county where the record of any such mortgage is on file with the authorized agent for the department of revenue;
(d.5) On or after January 1, 2006, list the actual value of the property based on the most recent appraisal by the county assessor;
(e) Demonstrate that the cumulative value of the deferral plus the interest accrued on the deferral does not exceed the market value of the property less the value of all mortgages which constitute liens upon the property and any other liens upon the property filed prior to the date of recordation of the certificate for deferral.
(2) The form prescribed by the state treasurer shall contain a statement, in bold-faced type, that states substantially as follows:
IMPORTANT NOTICE TO PROPERTY OWNER: YOU COULD LOSE YOUR PROPERTY IF THE CUMULATIVE AMOUNT OF THE DEFERRAL PLUS INTEREST EXCEEDS THE MARKET VALUE OF YOUR PROPERTY LESS THE VALUE OF ANY LIENS.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 39. Taxation § 39-3.5-104. Claim form--contents - last updated January 01, 2025 | https://codes.findlaw.com/co/title-39-taxation/co-rev-st-sect-39-3-5-104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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