C.R.S. § 39-11.5-304: Lessee, easement holder, and installment contract vendor considered as lienors - installment land contract vendee considered as owner.

(1) (a) For the purposes of this article 11.5, a lessee of or the holder of an easement encumbering property is considered a junior lienor, but without any lien amount, and is subject to all requirements in this article 11.5 with respect to junior lienors.

(b) The notice to the lessee or lessees who have unrecorded possessory interests in the property being sold as provided for by this article 11.5 and article 37 of this title 39 by virtue of any tax lien sale or by virtue of an execution and levy must be mailed to the lessee or lessees of a single-family residence or a multiple-unit residential dwelling. The notice must be in writing and sent by first-class mail. Notice is complete upon mailing to the lessee at the address of the premises or by addressing such notice to "Lessee" followed by the address.

(c) Nothing in this section affects any rights under this article 11.5 of a lessee whose residential lease is recorded.

(2) For the purposes of this article 11.5, an installment land contract vendor of property is considered a junior lienor for the unpaid portion of the purchase price, interest, and other amounts provided under the installment land contract and is subject to all requirements in this article 11.5 with respect to junior lienors; but the installment land contract vendor shall not be considered an owner as to any portion of such property.

(3) For the purposes of this article 11.5, an installment land contract vendee of property is considered an owner except as to any portion of such property that the vendee may thereafter have transferred, as evidenced by a recorded instrument, and the vendee is subject to all requirements in this article 11.5 with respect to owners.