1. (1) An eligible owner may apply for a deferral under this section if:

   1. (a) the eligible owner uses the single-family residence as the eligible owner's primary residence as of January 1 of the year for which the eligible owner applies for the deferral;

   2. (b) with respect to the single-family residence, there are no:

      1. (i) delinquent property taxes;
      2. (ii) delinquent tax notice charges; or
      3. (iii) outstanding penalties, interest, or administrative costs related to a delinquent property tax or a delinquent tax notice charge;

   3. (c)

      1. (i) the value of the single-family residence for which the eligible owner applies for the deferral is no greater than the median property value of:

         1. (A) attached single-family residences within the county, if the single-family residence is an attached single-family residence; or
         2. (B) detached single-family residences within the county, if the single-family residence is a detached single-family residence; or
      2. (ii) the eligible owner has owned the single-family residence for a continuous 20-year period as of January 1 of the year for which the eligible owner applies for the deferral; and
   4. (d) the holder of each mortgage or trust deed outstanding on the single-family residence gives written approval of the deferral.
2. (2) If the conditions in Subsection (1) are satisfied and the applicant complies with the other applicable provisions of this part, a county shall defer the property tax and tax notice charges on an attached single-family residence or a detached single-family residence.
3. (3) The values described in Subsection (1)(c) are based on the county assessment roll for the county in which the single-family residence is located.
4. (4) For purposes of Subsection (1)(c)(ii), ownership is considered continuous regardless of whether the single-family residence is transferred between an eligible owner who is an individual and an eligible owner that is a trust.

Renumbered and Amended by Chapter 172, 2025 General Session