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Chapter 6 - § 6.2 SALE OF PROPERTY — OVERVIEW
Jurisdiction | Colorado |
The sale of a property after a successful mechanics' lien lawsuit can be a detailed and complex undertaking. The following sections cover the basics of the sheriff's sale. For a much more detailed discussion and additional forms, see Colorado Real Estate Practice, 2017 Ed. (Deanne Stodden ed., CLE in Colo., Inc. 2017).
Once a lien claimant has received a judgment on a mechanics' lien foreclosure claim, either by default judgment or decision of the trial court, the next step is to sell the property to satisfy the judgment.
C.R.S. § 38-22-114(1) states how the sale of the foreclosed property in a mechanics' lien action may occur:
The court shall cause said property to be sold in satisfaction of said liens and costs of suit as in case of foreclosure of mortgages; and any party in whose favor a judgment for a lien is rendered, may...
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Request your trial- Liens and Claims in Colorado (2022 ed.) (CBA)
- Chapter 6 Mechanics' Lien Judgment
- Chapter 6 - Chapter 6 MECHANICS' LIEN JUDGMENT
- Chapter 6 - § 6.1 PRIORITY AND RANKING OF LIENS
- Chapter 6 - § 6.2 SALE OF PROPERTY — OVERVIEW
- Chapter 6 - § 6.3 ORDER, JUDGMENT AND DECREE OF FORECLOSURE
- Chapter 6 - § 6.4 INITIATING THE SHERIFF'S SALE
- Chapter 6 - § 6.5 CURE
- Chapter 6 - § 6.6 SALE OF PROPERTY
- Chapter 6 - § 6.7 REDEMPTION
- Chapter 6 - § 6.8 CONFIRMATION DEED
- Chapter 6 - § 6.9 SALE BY LEVY
- Chapter 6 - § 6.10 PROCEEDS OF SALE
- Chapter 6 - EXHIBITS EXHIBITS
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