Escrow & Title
In Colorado, the county clerk and recorder's office is responsible for:
ASetting property values for tax purposes
BRecording and maintaining public real estate records including deeds, mortgages, and liens✓ Correct
CIssuing title insurance policies
DResolving title disputes between property owners
Explanation
The Colorado county clerk and recorder is responsible for recording and maintaining public real estate records including deeds, deeds of trust, liens, easements, plats, and other documents that provide constructive notice of interests in real property.
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Key Terms to Know
Title Insurance
Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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