Idaho § 63-718 - Events terminating deferral - Payment of deferred tax and interest
Full text of Idaho Idaho Statutes § 63-718 — Events terminating deferral - Payment of deferred tax and interest, with citation guidance and answers to common questions.
§ 63-718. Events terminating deferral - Payment of deferred tax and interest
(1) A deferral of property tax payments shall terminate on the earlier of:
(a) Voluntary payment of the full amount of deferred tax and interest to the state tax commission;
(b) The death of the qualified claimant or if there is more than one (1) qualified claimant, the death of the last surviving qualified claimant;
(c) A sale or other transfer of title to the property or any part of the property except a transfer of title to a surviving spouse of a deceased qualified claimant;
(d) The property no longer qualifies for the exemption provided in section 63-602G , Idaho Code, for residential improvements;
(e) A determination by the state tax commission under section 63-720 , Idaho Code, that the deferral of property tax payments was erroneously granted to a person who is not a qualified claimant or in regard to property that is not qualified property.
(2) When a deferral of property tax is terminated any unpaid amount of deferred tax and interest shall be paid to the state tax commission no later than one hundred eighty (180) days after the termination.
(3) Any payments of deferred property tax received by the state tax commission under this section or under sections 63-719 and 63-720 , Idaho Code, shall be distributed to the property tax deferral recovery fund which is hereby created. Amounts in the property tax deferral recovery fund are hereby continuously appropriated for the purposes of section 63-3638 (5), Idaho Code.
[63-718, added 2006, ch. 234, sec. 1, p. 696; am. 2013, ch. 22, sec. 3, p. 43.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 63-718
What does Idaho Statutes § 63-718 cover?
Section 63-718 ("Events terminating deferral - Payment of deferred tax and interest") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 63-718?
A common citation format is "Idaho Statutes § 63-718" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 63-718 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.