C.R.S. Section 38-22-118
Satisfaction of lien

  • failure to release

The claimant of any such lien, the statement of which has been filed, on the payment of the amount thereof, together with the costs of filing and recording such lien, and the acknowledgment of satisfaction, and accrued costs of suit in case a suit has been brought thereon, at the request of any person interested in the property charged therewith, shall enter or cause to be entered an acknowledgment of satisfaction of the same of record, and if he neglects or refuses to do so within ten days after the written request of any person so interested, he shall forfeit and pay to such person the sum of ten dollars per day for every day of such neglect or refusal, to be recovered in the same manner as other debts. A valid tender of payment, refused by any such claimant, shall be equivalent to a payment for the purpose of this section. Any such statement may be satisfied of record in the same manner as mortgages.

Source: Section 38-22-118 — Satisfaction of lien - failure to release, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-38.­pdf (accessed Oct. 20, 2023).

38‑22‑101
Liens in favor of whom - when filed - definition of person
38‑22‑102
Payments - effect
38‑22‑103
Attaching of lien - enforcement
38‑22‑104
Lien on mining property
38‑22‑105
Property subject to lien - notice
38‑22‑105.5
Notice of lien law
38‑22‑106
Priority of lien - attachments
38‑22‑107
Lien attaches to water rights and franchises
38‑22‑108
Rank of liens
38‑22‑109
Lien statement
38‑22‑110
Action commenced within six months
38‑22‑111
Joinder of parties - consolidation of actions
38‑22‑112
Allegations of complaint
38‑22‑113
Hearing - judgment - summons - defense
38‑22‑114
Disposition of proceeds - execution
38‑22‑115
Parties to action
38‑22‑116
Costs
38‑22‑117
Assignment of lien - failure to support lien
38‑22‑118
Satisfaction of lien - failure to release
38‑22‑119
Agreement to waive - effect
38‑22‑120
Rules of civil procedure apply
38‑22‑121
Liens of surveyors and engineers
38‑22‑122
Lien under two contracts - effect
38‑22‑123
Payment to avoid invalid
38‑22‑124
Other remedies not barred
38‑22‑125
Bona fide purchaser
38‑22‑126
Disburser - notice - duty of owner and disburser
38‑22‑127
Moneys for lien claims made trust funds - disbursements - penalty
38‑22‑128
Excessive amounts claimed
38‑22‑129
Principal contractor may provide bond prior to commencement of work
38‑22‑130
Payment of claims by surety
38‑22‑131
Substitution of bond allowed
38‑22‑132
Lien to be discharged
38‑22‑133
Action to be brought on bond or undertaking
Green check means up to date. Up to date

Current through Fall 2024

§ 38-22-118’s source at colorado​.gov