Colorado Statement of Authority Explained

Any transfer of Colorado real property to a trust should probably include a Colorado Statement of Authority. A Colorado Statement of Authority is a document very specific to Colorado real estate law. The Colorado Statement of Authority is defined by statute (included in the Colorado trust deed purchase package). The Colorado Statement of Authority identifies the proper name of the trust, the trustee(s) and the person(s) who may convey the Colorado real property.

We are happy to announce that we will soon be making available a generic Statement of Authority as part of the DeedMonkey trust transfer package. The package will include a generic statement of authority form along with two Statement of Authority Forms which are specifically designed for trusts.