C.R.S. § 39-11.5-101: Definitions.

As used in this article 11.5, unless the context otherwise requires:

(1) "Application for treasurer's deed" means an application from a lawful holder pursuant to section 39-11.5-102 related to a tax lien under this article 11.5.

(2) "Business day" means any day the treasurer's office is open to the public for conducting official business. Business days do not include weekends, Colorado legal holidays, or any day the office is closed pursuant to county policy or emergency order.

(3) "Certificate of option for a treasurer's deed" means a certificate issued by a treasurer to the successful purchaser at the public auction pursuant to section 39-11.5-401.

(4) "Certificate of purchase" means a certificate prepared by a treasurer that is issued to the purchaser of a tax lien sale in accordance with section 39-11-117.

(5) "Certificate of redemption" means a certificate prepared by a treasurer after property subject to a tax lien sale is redeemed by the owner prior to public auction in accordance with section 39-11.5-106.

(6) "Certificate of repurchase" means a certificate prepared by a treasurer when a lawful holder repurchases a certificate of option for a treasurer's deed after the public auction in accordance with section 39-11.5-402.

(7) "Claim for overbid money" means a claim for overbid money form as specified in section 39-11.5-303.

(8) "Fees and costs" means all fees pursuant to section 30-1-102 and all charges, expenses, and costs described in section 39-11.5-108.

(9) "Investor" has the meaning set forth in section 39-11-100.3 (2.7).

(10) "Junior lien" means a lien or encumbrance upon the property for which the amount due and owing thereunder is subordinate to the tax lien that was duly recorded in the office of the county clerk and recorder prior to the recording of the application for public auction for treasurer's deed.

(11) "Junior lienor" means a person who is a beneficiary, holder, or grantee of a junior lien or that person's assignee or attorney.

(12) "Lawful holder" means a person in possession of a certificate of purchase for a tax lien issued in accordance with article 11 of this title 39, or the assignee, transferee, or attorney for such holder.

(13) "Mailing list" means a mailing list assembled by the treasurer pursuant to section 39-11.5-105.

(14) "Nonmaterial misstatement" means a minor or inconsequential error or omission that does not significantly affect the meaning, validity, or enforceability of a document or other record containing the nonmaterial misstatement.

(15) "Notice of public auction" means a notice of public auction created and sent by the treasurer in accordance with section 39-11.5-104.

(16) "Overbid" means the amount of money a property is sold for at a public auction in excess of the total property tax debt amount, including the amount of money owed to the lawful holder of the certificate of purchase and the fees and costs incurred by the treasurer in complying with this article 11.5.

(17) "Posting" means placement of the notice of public auction that meets the requirements set forth in section 39-11.5-105 (4), in a conspicuous location on the property.

(18) "Property" means a property subject to a tax lien, the certificate of purchase for which is held by the lawful holder.

(19) "Property owner", "current owner", or "owner" means a person that currently holds title to, or has a recorded contractual right to purchase, the property that is subject to a tax lien.

(20) "Public auction" or "auction" means a public sale conducted by the treasurer pursuant to this article 11.5.

(21) "Publish", "publication", "republish", or "republication" means placement by a treasurer of a legal notice that meets the requirements set forth in section 24-70-103, containing a notice of public auction, omitting the copies of the statutes, in a newspaper selected by the treasurer that is in the county or counties where the property to be auctioned is located.

(22) "Purchaser" means a person to whom the treasurer awards the certificate of option for a treasurer's deed as the winning bidder at the public auction who timely submits proper funds, or, if no valid bids are received at the public auction, the lawful holder who does not file a withdrawal of the application for public auction for treasurer's deed pursuant to section 39-11.5-401.

(23) "Redemption statement" means a statement provided to the property owner by the treasurer as described in section 39-11.5-106 (2).

(24) "Surface owner" means a person or entity that holds title to, or a recorded contractual right to purchase, the surface estate of a parcel of real property.

(25) "Tax lien" means a lien on a property sold for special assessments, taxes, or special assessments and taxes due either to the state or any county or incorporated town or city for which the treasurer issued a certificate of purchase to the lawful holder.

(26) "Treasurer" has the meaning set forth in section 39-1-102 (17) as applied to the county in which a property is located.

(27) "Treasurer's deed" means a deed or, in the case of a manufactured home, mobile home, modular home, or tiny home, a certificate of ownership, issued by the treasurer as described in section 39-11.5-501 in the form specified in section 39-11.5-502 or 39-11.5-503.