A deferral, extension, or modification of assessment payments shall end if.
(a) The owner of the parcel of real property for whom the deferral, extension, or modification is granted defaults in performing the contract pertaining thereto under section 7.200;
(b) The owner ceases to be eligible for the deferral, extension, or modification under section 7.195;
(c) The owner transfers to any other party fee title or a possessory interest in the parcel to which the deferral, extension, or modification pertains;
(d) Title to the parcel passes to another party by devise or intestate succession, except that the deferral under part 7.195 (2)(a) shall not be terminated so long as the owner occupies the parcel as a single-family dwelling.
(f) The parcel for which a deferral was granted under subsection 7.197(4) has access to the street through a driveway, or is used for a purpose other than a single-family residence, or is partitioned to create new lots fronting on the street for which the assessment was levied; or
(g) The parcel for which a deferral has been granted under section 7.197(5) is subject to one of the following changes:
(1) A land division or redivision either by a subdivision or major or minor partition is filed by the owner;
(2) A sanitary sewer lateral system becomes usable by the parcel;
(3) A dedicated roadway is extended to provide access to the parcel located within 160 feet of the sewer; or
(4) An application is made for a permit to connect existing or proposed improvements on a portion of the parcel to the sewer system of the city.
(h) The owner of the parcel for which deferral or modification or extension has been allowed under section 7.195 fails to comply with the requirement of section 7.215 to provide records demonstrating continued eligibility as determined by section 7.195.
(j) The parcel for which the deferral has been granted shall not have more than two (2) years of property taxes outstanding.