A Colorado county treasurer conveys a property to a purchaser at a tax lien sale after the original owner failed to pay property taxes. Which type of deed is typically used to transfer title in this situation in Colorado?
Correct Answer
C) Treasurer's deed issued by the county treasurer after the statutory redemption period expires
In Colorado, when a property owner fails to pay property taxes, the county treasurer may sell a tax lien certificate. If the delinquent taxes are not redeemed within the statutory redemption period (generally three years for most properties), the tax lien certificate holder may apply for a treasurer's deed. The county treasurer then issues a treasurer's deed to the certificate holder, conveying the property. This is the standard Colorado process governed by C.R.S. § 39-11-120 et seq. The treasurer's deed conveys whatever title the county acquired through the tax sale process.
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