Colorado primarily uses which security instrument?

Mortgages are not the primary security instrument in Colorado. While they are used in many states, Colorado's preference for deeds of trust creates a significant procedural difference in foreclosure proceedings.

Land contracts are not used as security instruments in Colorado. They are installment sale contracts where the seller retains legal title until the buyer completes payments, which is different from a security instrument.

Security agreements are used for personal property, not real estate. They are common in commercial transactions for equipment and inventory but are not the primary instrument for real estate financing in Colorado.