Colorado Notice of Lien for Motor Vehicle or Car Repairs and of Sale at Public Auction to Satisfy Lien

State:
Multi-State
Control #:
US-01234BG
Format:
Word; 
Rich Text
Instant download

Description

In most states, a garage owner has a either a common-law lien or statutory lien on an automobile for labor and materials expended and supplied in repairing the vehicle. A lien can also arise pursuant to written agreement of the parties. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

To remove a lien on a motor vehicle, the owner (or agent with proper identification and power of attorney) must present the title to our office. The lien release section must be properly signed and dated by the financial institution or lien holder.

How To File a Lien Ensure that you submit a properly assigned title or Manufacturers Statement of Origin (MSO/MCO). Make sure the mortgage paperwork and vehicle description agree with the title or MSO. Mail the documents to the county where the buyer resides.

When a person or entity files a spurious lien, Colorado law provides for an expedited process whereby a property owner can dispose of this lien. Under this law, a property owner can file a petition in Court, and the Court will issue an order to the person or entity that filed the lien to explain why the lien is valid.

The Electronic Lien and Title Program (ELT) is a method by which the State of Colorado and participating lending institution (Lienholders) can exchange vehicle and title information electronically.

Timely File Your Lien: Your mechanics lien in Colorado must be filed within 4 months, or 120 days, of the last date you provided labor and materials for the project. However, if you did not provide materials and only provided labor, you only have 2 months from your last day of providing labor to file your lien.

Like most states, Colorado is non-title-holding state, which means that when there's a lien placed on a vehicle on a Colorado title, the title is sent to the lien holder to hold until that lien is satisfied.

Notice of your intent to lien must be served on the property owner (who is in title as of the date the notice of intent is served) and principal contractor at least 10 days prior to recording the lien. The notice of intent should be served in person or mailed using registered or certified mail with return receipt.

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Colorado Notice of Lien for Motor Vehicle or Car Repairs and of Sale at Public Auction to Satisfy Lien