Colorado Revised Statute section 38-22-126 requires lenders who have agreed to make any loan to a contractor to file notice of the disbursement prior to the first disbursement.
Colorado Disburser's Notice - Individual
Category:
State:
Colorado
Control #:
CO-21-09
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Word;
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How to fill out Colorado Disburser's Notice - Individual?
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FAQ
File your lien claim with the Colorado county recorder Deliver your completed lien form to the recorder's office in the Colorado county where the property is located, and pay the filing fee. You will also need to include an Affidavit of Service, affirming the delivery of the notice of intent.
First, it is important to note that with certain, limited exceptions, mechanic's liens in Colorado generally must be filed with the county clerk and recorder in the county where the property is located within four months after the last labor was performed or materials were furnished by the filing party.
The filing of a Colorado lien statement must be completed within four months after the day on which the lien claimant last performed labor or furnished materials.
Colorado requires that a contractor notify the property owner of the Intent to Lien 10 full days prior to filing. This can be accomplished by sending the Notice of Intent to Lien, along with a copy of the Statement of Lien that is to be filed. Don't overstate what your owed.
The deadline to file a lien in Colorado is either 2 months or 4 months, depending on your role and the type of project. Generally, the deadline to file a Colorado mechanics lien is 4 months after the last date labor or materials were furnished to the project.
Even though these states may permit project participants to secure lien rights and claim a mechanics lien even without a written contract, it is generally best practice to have a signed written contract for work provided.
To file a lien on a motor vehicle, you must provide our office with a copy of a chattel mortgage or security agreement, the properly signed and notarized title, sales tax, if applicable, and filing fees of $5 per side per 14 inch page of the chattel mortgage or security agreement or $10 per side per page for oversized
How Can You Remove a Spurious Lien or Document? In Colorado, a party can attack a spurious lien or document by filing a petition in the district court in which the lien or document is recorded. C.R.C.P. 105.1.