Colorado § 38-35-111 - Option to purchase - notice for one year only.
Full text of Colorado Colorado Revised Statutes § 38-35-111 — Option to purchase - notice for one year only., with citation guidance and answers to common questions.
§ 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: L. 27: p. 591, § 10. CSA: C. 40, § 116. CRS 53: § 118-6-11. C.R.S. 1963: § 118-6-11. L. 2002: (3) amended, p. 51, § 4, effective March 21.
ANNOTATION
Law reviews. For article, "Curative Statutes of Colorado Respecting Titles to Real Estate", see 26 Dicta 321 (1949).
Applied in Brown v. Brown, 43 Colo. App. 535, 608 P.2d 840 (1980).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-35-111
What does Colorado Revised Statutes § 38-35-111 cover?
Section 38-35-111 ("Option to purchase - notice for one year only.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 38-35-111?
A common citation format is "Colorado Revised Statutes § 38-35-111" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 38-35-111 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.