Colorado Code
Article 22 - General Mechanics' Lien
§ 38-22-132. Lien to Be Discharged

Notwithstanding any other provision of this article or section 38-35-110, upon court approval of a bond or undertaking as provided in section 38-22-131, and upon the issuance and recording of a certificate of release as specified in this section, the lien against the property, and any notice of lis pendens or notice of the commencement of any action relating to such lien, shall be immediately discharged and released in full; the real property described in such bond or undertaking shall be forever released from the lien, from any notice of lis pendens or notice of the commencement of any action relating to such lien, and from any action brought to foreclose such lien; the bond or undertaking shall be substituted; and no notice of lis pendens or notice of the commencement of any action relating to such lien or any action for the enforcement or foreclosure thereof shall thereafter be recorded against the property. The clerk of the district court with which such bond or undertaking has been filed shall issue a certificate of release which shall be recorded in the office of the clerk and recorder of the county wherein the original mechanic's lien was filed, and the certificate of release shall show that the property has been forever released from the lien, from any notice of lis pendens or notice of the commencement of any action relating to such lien, and from any action brought to foreclose such lien.
Source: L. 75: Entire section added, p. 1426, § 5, effective October 1. L. 2011: Entire section amended, (SB 11-264), ch. 279, p. 1250, § 2, effective July 1.
Cross references: For the legislative declaration in the 2011 act amending this section, see section 1 of chapter 279, Session Laws of Colorado 2011.

Structure Colorado Code

Colorado Code

Title 38 - Property - Real and Personal

Article 22 - General Mechanics' Lien

§ 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