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Pursuant to Colorado Revised Statute section 38-22-129(4), a construction lien may be deemed released upon the filing of a Notice of Bond by the contractor and his surety that a satisfactory bond is in place and that the lien claimant is entitled to the benefits of said bond. This form is used by the owner or lien claimant to demand that the principal contractor furnish the lien claimant and owner with just such a notice. Failure to provide the notice as requested within thirty days of a written request permits the lien claimant to enforce his lien pursuant to statute in the same manner as if no bond had been filed.
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