2017 Colorado Revised Statutes
Title 38 - Property - Real and Personal
Real Property
Article 38 - Foreclosure Sales
Part 7 - General Provisions and Application
§ 38-38-702. Limitation of officer's liability
(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.
