The only person(s) who may apply for a Treasurer's Deed is the holder of the Tax Lien Certificate.
In accordance with CRS 39-11-120(1) and 39-11-128(1)(a), a Treasurer's Deed may be issued three years from the date of the original sale, upon proper application and notification.
How Do I Apply?
Contact the Treasurer's Office and request an application at (970) 854-2822.
Per C.R.S. 39-11-120, applications received without the original certificate cannot be processed.
The application fee is a title expense which includes, title commitment and policy, advertising charges, mailing fees, posting fees and any additional charges accrued in procedures by statute for issuance of a Treasurer's Deed.
After giving certified notice to the property owner and other legally interested parties listed on the title commitment, the Treasurer's Deed process takes at least three months, given no unforeseen problems. The deed is issued in no less than three months or no more than five months after the last date of advertising. If advertising is necessary, it is initiated as soon as the title commitment and certified mailing to legally interested parties is complete.
The Treasurer's Deed will be issued if redemption is not made prior to the execution date. The Treasurer's Deed is recorded with the Phillips County Clerk and Recorder.
Things to Remember:
The Treasurer's Deed will not be issued until ALL subsequent property tax liens are brought current.
A Treasurer's Deed is an unmarketable title for seven years. Please contact an attorney or title company for further information. The Treasurer's Office is unable to advise you in this matter.
If the certificate is redeemed prior to deed issuance, you will receive your investment, interest, and your application fee in full. However, no interest is earned on the application fee.