Colorado Code § 38-22-114

Disposition of proceeds - execution
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(1) The court shall cause said property
to be sold in satisfaction of said liens and costs of suit as in case of foreclosure of mortgages; and
any party in whose favor a judgment for a lien is rendered, may cause the property to be sold
within the time and in the manner provided for sales of real estate on executions issued out of
any court of record, and there shall be the same rights of redemption as are provided for in the
case of sales of real estate on executions. And if the proceeds of such sale, after the payment of
costs, are not sufficient to satisfy the whole amount of such liens included in the decree of sale,
then such proceeds shall be apportioned according to the rights of the several parties. In case the
proceeds of sale amount to more than the sum of said liens and all costs, then the remainder shall
be paid over to the owner of said property; and each party whose claim is not fully satisfied in
the manner provided in this section shall have execution for the balance unsatisfied against the
party personally liable, as in other cases.
(2) In the first instance without a previous sale of said property to which such liens have
attached, an execution may issue in behalf of any such lien claimant for the full amount of his
claim against the party personally liable, and he may thereafter enforce such lien for any balance
of such judgment remaining unsatisfied. A transcript of the docket of said judgment and decree
may be filed with the county clerk and recorder of the county where such property is situated or
in any other county, and thereupon said judgment and decree shall become a lien upon the real
property in such county of each party so personally liable in favor of any such lien claimant
holding any such judgment against any such party so personally liable, as in other cases of
recording transcripts of judgment.

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