Colorado Statutes

§ 38-39-105 — Removal of improvements from encumbered property

Colorado·Title 38 Property -·Art. Mortgages, Deeds of Trust, and Other Liens
(1)An owner of real property shall not remove any improvement therefrom without first obtaining the written consent of the holder of any lien recorded prior to October 1, 1990, and the holder of the indebtedness secured by the deed of trust or mortgage having the most senior lien which encumbers such real property. This section shall not apply where any such improvement is expressly excepted from such lien.
(2)Any person who violates the provisions of subsection (1) of this section commits:
(a)A petty offense if the amount is less than three hundred dollars;
(b)A class 2 misdemeanor if the amount is three hundred dollars or more but less than one thousand dollars;
(c)A class 1 misdemeanor if the amount is one thousand dollars or more but less than two thousand dollars; (d

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Legislative History

Source: L. 90: Entire article R&RE, p. 1676, � 3, effective October 1. L. 2002: (2) amended, p. 1555, � 344, effective October 1. L. 2021: (2) amended, (SB 21-271), ch. 462, p. 3293, � 687, effective March 1, 2022.

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