Colorado Statutes

§ 38-41-212 — Waiver

Colorado·Title 38 Property -·Art. Limitations - Homestead Exemptions
(1)Any purchase by an encumbrancer, lienholder, or any other person or any redemption by a junior lienholder pursuant to a foreclosure sale conducted by any court, sheriff, public trustee, or other public official pursuant to a mortgage, deed of trust, or other lien which contains a waiver of homestead rights in the encumbered property shall be subject to such waiver of homestead rights, and the purchaser of or person redeeming the property shall be entitled to acquire said property free of any homestead rights and without compliance with the requirements of section 38-41-206.
(2)Any purchase by an encumbrancer, lienholder, or any other person or any redemption by a junior lienholder pursuant to a foreclosure sale conducted by any court, sheriff, public trustee, or other public

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Legislative History

Source: L. 83: Entire section added, p. 1479, � 1, effective June 15.

Nearby Sections

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