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SENATE BILL 02-161 BY SENATOR(S) Perlmutter and Lamborn

SENATE BILL 02-161 BY SENATOR(S) Perlmutter and Lamborn 2025

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Senate Bill 02-161 modifies the procedures for the foreclosure of deeds of trust in Colorado. It includes amendments to various sections of the Colorado Revised Statutes, establishing new requirements for lien release upon satisfaction of indebtedness, clarifying rights and responsibilities during foreclosure processes, and detailing redemption procedures for property owners and lienholders. The bill aims to streamline foreclosure processes while ensuring protections for debtors and creditors.

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