Colorado Deed of Trust
Secure a home loan in Colorado with this easy-to-use Deed of Trust form.
What is a deed of trust?
Colorado is a "deed of trust state". A deed of trust is a legal document that is used in real estate transactions instead of a mortgage in certain states. This allows for faster, non-judicial foreclosure if the borrower defaults.
How does a deed of trust work?
The parties to the deed of trust are (i) the borrower (the trustor), (ii) the lender (the beneficiary), and (iii) a third party trustee, who will hold title to the property as collateral until the home loan, interest and any related charges are paid in full. Colorado law requires that the trustee must be a Public Trustee.
What are the consequences for the borrower if they default?
If the borrower fails to make the loan payments on time or otherwise breaches the provisions of the Deed of Trust, the home will be foreclosed.
Contents and format of the Deed of Trust form
This template contains all the necessary standard uniform and non-uniform covenants and provisions required by State and federal laws. It is available in MS Word format and is downloadable, editable and reusable.
Legal Jurisdiction
This Deed of Trust form is intended for use only in the State of Colorado.
