Colorado § 38-22-118 Satisfaction of lien - failure to release

Colorado Statutes

§ 38-22-118 — Satisfaction of lien - failure to release

Colorado § 38-22-118

Title 38Property -

Art.General Mechanics' Lien

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Bluebook

Colo. Rev. Stat. § 38-22-118 (2026).

Text

The claimant of any such
lien, the statement of which has been filed, on the payment of the amount thereof,
together with the costs of filing and recording such lien, and the acknowledgment
of satisfaction, and accrued costs of suit in case a suit has been brought thereon, at
the request of any person interested in the property charged therewith, shall enter
or cause to be entered an acknowledgment of satisfaction of the same of record,
and if he neglects or refuses to do so within ten days after the written request of
any person so interested, he shall forfeit and pay to such person the sum of ten
dollars per day for every day of such neglect or refusal, to be recovered in the same
manner as other debts. A valid tender of payment, refused by any such claimant,
shall be equivalen

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The claimant of any such
lien, the statement of which has been filed, on the payment of the amount thereof,
together with the costs of filing and recording such lien, and the acknowledgment
of satisfaction, and accrued costs of suit in case a suit has been brought thereon, at
the request of any person interested in the property charged therewith, shall enter
or cause to be entered an acknowledgment of satisfaction of the same of record,
and if he neglects or refuses to do so within ten days after the written request of
any person so interested, he shall forfeit and pay to such person the sum of ten
dollars per day for every day of such neglect or refusal, to be recovered in the same
manner as other debts. A valid tender of payment, refused by any such claimant,
shall be equivalent to a payment for the purpose of this section. Any such
statement may be satisfied of record in the same manner as mortgages.