Colorado Statute 38-35-123 has a recording requirement that requires the lienor and lienee address to be on the face of the security instrument. It states: “Any instrument which creates a lien on real property, except mechanics’ liens, when recorded in the office of the county clerk and recorder of the county where such real property is situated shall include on its face the current mailing address of the lienor and lienee when such instrument is recorded. In the case of judgment liens, such address shall be placed on the document by the lienor.”
Consequently, Docutech will be updating the CO Security Instruments to comply with the above requirement by having the addresses more prominently displayed on the face of the instrument. This change will affect the conventional (Cx313), FHA (Cx19363), and second lien (Cx472) CO Security Instruments. Please note, however, that Ibid. 38-35-123(2) states that, “Failure to comply with this section shall not affect the validity of the recording of the instrument or of the instrument itself.”
The change will be effective July 8, 2016. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.