C.R.S. Section 38-35-111
Option to purchase

  • notice for one year only

(1)

Recorded instruments in writing of the nature of an option to purchase affecting title to real property under the terms of which instruments possession is not delivered to the purchaser shall not constitute notice to any person for a period of more than one year after the time specified in such instrument for the conveyance of said property. After the expiration of such period, such instrument shall cease to be notice to any person for any purpose.

(2)

All such instruments which have been recorded prior to March 28, 1927, shall constitute notice only for one year from said date if the time for performance therein fixed has expired. Thereafter such instruments shall cease to be notice to any person for any purpose. In the event the time for performance specified in such instrument has not expired by March 28, 1927, such instrument shall constitute notice only for a period of one year from the time in said instrument specified for performance, and thereafter the same shall cease to be notice to any person for any purpose.

(3)

If a notice of lis pendens conforming to the requirements of section 38-35-110 is recorded prior to the expiration of the one-year period, such instrument shall continue to be notice until the later of the expiration of such period or the date the lis pendens ceases to be in effect or expires and ceases to be notice in accordance with the provisions of section 38-35-110.

Source: Section 38-35-111 — Option to purchase - notice for one year only, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-38.­pdf (accessed Oct. 20, 2023).

38‑35‑101
Acknowledgments - form - prima facie evidence
38‑35‑102
When unacknowledged instruments prima facie evidence
38‑35‑103
Acknowledgment before notary
38‑35‑104
Acknowledged instruments as evidence
38‑35‑105
Foreign instruments, prima facie evidence
38‑35‑106
Deeds - acknowledgment, absent or defective - notice - deemed proper, when
38‑35‑106.5
Written instruments - information regarding property description
38‑35‑107
Recitals in deeds prima facie evidence - when
38‑35‑108
Reference to some other instrument affects only the parties thereto
38‑35‑109
Instrument may be recorded - validity of unrecorded instruments - liability for fraudulent documents
38‑35‑109.5
Recording of instruments conveying real property to public entities
38‑35‑110
Lis pendens as notice - issuance of certificate - expiration
38‑35‑111
Option to purchase - notice for one year only
38‑35‑112
Certificate of death when properly recorded may be admitted as evidence
38‑35‑113
Affidavits referring to death, intestacy, heirship, accepted as prima facie evidence
38‑35‑114
Actions - parties to be named
38‑35‑115
Execution by foreign representative of instrument regarding real estate prior to filing certified copies of order of appointment
38‑35‑116
Variances in names in instruments affecting the title to real property
38‑35‑117
Mortgages, not a conveyance - lien theory
38‑35‑118
Homestead, how conveyed - claimant insane
38‑35‑119
Release not a conveyance
38‑35‑120
Record of first and last parcels includes intervening parcels
38‑35‑121
Conveyance or reservation of a mineral interest - geothermal resources
38‑35‑122
Inclusion of street address and assessor information with legal description - effect - validity of recording - interests in property - legislative declaration
38‑35‑123
Liens - notice - current address
38‑35‑124
Requirements upon satisfaction of indebtedness
38‑35‑124.5
Effect of written payoff statement
38‑35‑125
Closing and settlement services - disbursement of funds
38‑35‑126
Contract for deed - escrow of tax moneys - written notice
38‑35‑127
Unenforceability of prospective residential transfer fee covenants - notice requirements for existing residential transfer fee covenants - written statement of transfer fee payable - affidavit - legislative declaration - definitions
38‑35‑201
Definitions
38‑35‑202
Recording or filing
38‑35‑203
Action to enforce
38‑35‑204
Order to show cause
Green check means up to date. Up to date

Current through Fall 2024

§ 38-35-111’s source at colorado​.gov