Colo. Rev. Stat. § 38-38-502

Current through Chapter 67 of the 2024 Legislative Session
Section 38-38-502 - Form of confirmation deed for public trustee's sale

The confirmation deed executed by the public trustee in a foreclosure sale may be in substantially the following form:

THIS DEED is made ___________________, 20___________________, between ___________________ as the public trustee of the ___________________ County of ___________________, Colorado, and ___________________, grantee, (the holder of the certificate of purchase) (the holder of the certificate of redemption issued to the lienor last redeeming), whose legal address is ___________________.

WHEREAS, ___________________ did, by deed of trust dated ___________________, 20___________________, and recorded in the office of the clerk and recorder of the ___________________ County of ___________________, Colorado, on ___________________, 20___________________, in Book ___________________, Page ___________________, (Film no. ___________________, Reception no. ___________________) convey to the public trustee, in trust, the property hereinafter described to secure the payment of the indebtedness provided in said deed of trust; and

WHEREAS, a violation was made in certain of the terms and covenants of said deed of trust as shown by the notice of election and demand for sale filed with the public trustee; the said property was advertised for public sale at the place and in the manner provided by law and by said deed of trust; combined notice of sale and right to cure and redeem was given as required by law; said property was sold according to said combined notice; and a certificate of purchase thereof was made and recorded in the office of said county clerk and recorder; and

WHEREAS, all periods of redemption have expired.

NOW, THEREFORE, the public trustee, pursuant to the power and authority vested by law and by the said deed of trust, confirms the foreclosure sale and sells and conveys to grantee the following described property located in the ___________________ County of ___________________, State of Colorado, to-wit:

(describe property)

also known by street and number as ___________________ to have and to hold the same, with all appurtenances, forever.

C.R.S. § 38-38-502

L. 90: Entire article R&RE, p. 1669, § 2, effective October 1. L. 91: Entire section amended, p. 1924, § 55, effective June 1. L. 2006: Entire section amended, p. 1474, § 29, effective January 1, 2008. L. 2007: Entire section amended, p. 1844, § 22, effective January 1, 2008.

The effective date for amendments made to this section by chapter 305, Session Laws of Colorado 2006, was changed from July 1, 2007, to January 1, 2008, by section 27 of chapter 404, Session Laws of Colorado 2007. (See L. 2007, p. 1849.)