Colorado § 38-38-402 Certificate of redemption - issuance

Colorado Statutes

§ 38-38-402 — Certificate of redemption - issuance

Colorado·Title 38 Property -·Art. Foreclosure Sales

(1)No sooner than fifteen business days following a sale but no later than five business days following an officer's receipt of redemption money paid under section 38-38-302, the officer shall execute and record in each county where the property or a portion thereof is located a certificate of redemption containing:

(a)The names of the original grantors of the deed of trust being foreclosed; (a.5) The name and address of the person redeeming;

(b)The redemption amount paid;

(c)The date of sale;

(d)The description of the property redeemed; and

(e)The public trustee's sale number or, in the case of a sale by the sheriff, the district court civil action number.

(2)The officer shall retain the recorded certificate of redemption in the officer's records.

(3)The failure of t

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(1) No sooner than fifteen
business days following a sale but no later than five business days following an
officer's receipt of redemption money paid under section 38-38-302, the officer
shall execute and record in each county where the property or a portion thereof is
located a certificate of redemption containing:

(a) The names of the original grantors of the deed of trust being foreclosed;

(a.5) The name and address of the person redeeming;

(b) The redemption amount paid;

(c) The date of sale;

(d) The description of the property redeemed; and

(e) The public trustee's sale number or, in the case of a sale by the sheriff,
the district court civil action number.

(2) The officer shall retain the recorded certificate of redemption in the
officer's records.

(3) The failure of the officer to comply with the provisions of this section
shall not affect the validity of the sale or the rights of the grantee of the
confirmation deed.

Colorado § 38-38-402 (Certificate of redemption - issuance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 90: Entire article R&RE, p. 1668, � 2, effective October 1. L. 2002: IP(1) amended, p. 1348, � 15, effective July 1. L. 2006: Entire section amended, p. 1473, � 25, effective January 1, 2008. L. 2009: (1)(a) amended and (1)(a.5) added, (HB 09-1207), ch. 164, p. 719, � 16, effective January 1, 2010.