{"data":{"id":"us-mn/minn.-stat.-435.195","jurisdiction":"us-mn","citation":"Minn. Stat. § 435.195","heading":"TERMINATION OF RIGHT TO DEFERRED PAYMENT.","body":"The option to defer the payment of special assessments shall terminate and all amounts accumulated plus applicable interest, shall become due upon the occurrence of any of the following events: (a) the death of the owner, provided that the spouse is otherwise not eligible for the benefits hereunder; (b) the sale, transfer or subdivision of the property or any part thereof; (c) if the property should for any reason lose its homestead status; or (d) if for any reason the taxing authority deferring the payments shall determine that there would be no hardship to require immediate or partial payment.","path":["MUNICIPAL FINANCE, TAXATION, SPECIAL ASSESSMENTS","CHAPTER 435. PUBLIC IMPROVEMENTS, OTHER PROCEEDINGS","ASSESSMENTS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/435.195","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:46Z","sha256":"75e4f4d600b145b5c1af8e6d3fe9bc8dbb131205f06333a50a620fdbf0b57f58","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-435.194","next":"us-mn/minn.-stat.-435.20"},"notice":"GroundRules: Original legal text. Not legal advice."}