Colorado Code § 38-38-702

Limitation of officer's liability
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(1) An officer shall not have responsibility
or liability for determining:
(a) The amount or reasonableness of a bid at a sale under section 38-38-106, the amount
required to cure under section 38-38-104, or the amount required to redeem under section 38-38-
302;
(b) The accuracy of the legal description of property in a full or partial release of a deed
of trust;
(c) The accuracy or completeness of a mailing list submitted to the officer; or
(d) The legal sufficiency of the description of the property contained in the notice of
election and demand.
(2) Nothing in this article shall lessen or otherwise modify the immunities and
protections extended by law to an officer or to a governmental entity with which an officer is
associated.
(3) An officer shall not have responsibility or liability for unknown damage, debt, or
liens when a third party seeks a judicial foreclosure and sale.

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