Colorado
|
| 2010 |
|
| Title State |
Title and License information refer to: Department of Revenue, Motor Vehicle Division, 1881 Pierce St., Lakewood, Colorado 80215. Phone: (303) 205-5608; Fax: (303) 205-5765. Fees for registration and title may vary. |
| Recording |
Must be recorded in the County Recorders office where buyer resides or where property is located. Uniform Commercial Code adopted July, 1966. |
| Recovery |
Peaceful repossession permitted. |
| Prior Notice |
Debtor must be sent a Consumer's Right to Cure allowing debtor 20 days to bring account current. |
| Redemption |
No redemption after foreclosure. |
| Deficiency |
Deficiencies are permitted and confession of judgment notes do not render the note illegal. |
| Special Motor Vehicle Provisions |
Liens on motor vehicles, in order to be effective as to third parties, must appear on title. This is in lieu of general recording. Secretion or concealment of mortgaged property is a crime. |
| Documents Required to Transfer Ownership of Motor Vehicle |
Repossession title in name of lienholder which is then signed off before release. PLATES: Remain with the owner. |
|