Colorado § 39-11-118 - Certificate of purchase assignable.
Full text of Colorado Colorado Revised Statutes § 39-11-118 — Certificate of purchase assignable., with citation guidance and answers to common questions.
§ 39-11-118. Certificate of purchase assignable.
Such certificate of purchase shall be assignable by endorsement, and an assignment thereof, when entered upon the record of sales in the offices of the county clerk and recorder and the treasurer, shall vest in the assignee or his legal representative all the right and title of the original purchaser.
Source: L. 64: R&RE, p. 728, § 1. C.R.S. 1963: § 137-11-18.
ANNOTATION
Annotator's note. The following annotations include a case decided under this section as it existed prior to its 1964 repeal and reenactment.
Assignee becomes lawful holder of certificate even if assignment not recorded. The assignee of a certificate of purchase, who in good faith and for a valuable consideration purchases the interest of his assignor and receives from him the certificate bearing his indorsement, with the intent of transferring to the assignee the right and title represented thereby, would become the lawful holder of the certificate of sale, even though the assignment was not recorded as provided in this section. White Cap Mining Co. v. Resurrection Mining Co., 115 Colo. 396, 174 P.2d 727 (1946).
Assignment of certificate carries rights of original purchaser. The assignment of a tax sale certificate carries with it and vests in the assignee all the rights of the original purchaser. Bd. of Comm'rs v. Whelen, 28 Colo. 435, 65 P. 38 (1901).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-11-118
What does Colorado Revised Statutes § 39-11-118 cover?
Section 39-11-118 ("Certificate of purchase assignable.") 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 § 39-11-118?
A common citation format is "Colorado Revised Statutes § 39-11-118" (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 § 39-11-118 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.