Colorado Code § 36-5-107

Alienation of rights - restrictions. Until a patent for the land issues, the
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certificate of purchase issued at such sale and the interest acquired by any purchaser of the lands
thereunder shall not be subject to transfer or alienation, lien, or mortgage, voluntary or
involuntary, but the interest acquired shall descend to the heirs of the purchasers as in other
cases. After the patent issues, the ownership and power of disposition of said lands shall be
absolute. No patent shall issue prior to five years after the date of such sale, nor until said land is
fully paid for.

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