Colorado Code § 39-12-113

Redemption of proportionate interest
Open in Lexace · Ask the AI about this section
(1) Any person who has or claims
an interest in or a lien upon all or any part of any undivided or divided estate or interest in any
piece or parcel of land or lot for which a tax lien was sold pursuant to article 11 of this title may
redeem such undivided or divided estate or interest by paying to the treasurer his proportionate
part of the amount required to redeem the whole. In such case the treasurer shall issue to such
party a certificate of redemption for his interest in such land or lot, as provided by law.
(2) In the event that the treasurer cannot definitely ascertain the amount required to
redeem the portion sought to be redeemed, he shall request the assessor to determine the
valuation for assessment on such portion sought to be redeemed as of the original assessment
date for the tax upon which the sale of the tax lien was based. Such assessor shall furnish such
valuation for assessment to the treasurer forthwith. The treasurer shall thereupon ascertain such
proportionate redemption amount as that amount which bears the same proportion to the amount
required to redeem the entire piece or parcel of land or lot for which a tax lien was sold as such
valuation for assessment so furnished bears to the original valuation for assessment of the entire
piece or parcel of land or lot for which a tax lien was sold.

‹ Prev All Colorado sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.