A. The property owner defaults in the performance of the terms and provisions of the owner’s contract with the City.

B. Maximum eligibility requirements for income are exceeded.

C. Fee title and/or possessory interest in the property is transferred by any means to a person other than the person’s spouse.

D. The property owner fails to comply with any rule or regulation adopted under BC 3.04.010 through 3.04.055; refuses to provide information to or hinders any investigation by the finance director into the continued eligibility of the property owner for a deferment; or willfully makes any false or misleading statement in order to obtain or retain a deferment; or receives benefits under BC 3.04.010 through 3.04.055 with knowledge that the owner does not qualify for such benefits.