CITY AND COUNTY OF DENVER
TAXPAYER SERVICE INFORMATION
PAYMENT OF SUBSEQUENT YEARS TAXES
The Colorado Revised Statutes - 39-11-119 - provide that a holder of a certificate of purchase may pay any subsequent taxes on the property on which the buyer has an unredeemed certificate, and that this payment will be endorsed on the certificate and the tax lien sale book of record in the Treasurer's Office.
The payment is made to protect your certificates and to prevent the subsequent delinquent taxes from being sold again at the tax lien public auctions. Payment is recorded on the certificate and on the tax lien sale book to insure that you will be reimbursed for this additional payment in the event of a redemption. This fee for the endorsement of these payments is $5.00 per endorsement. This fee will also be recovered on redemptions. Current general property tax payments can be endorsed on to certificates for special assessment if you desire. Delinquent Local Improvement installments may be endorsed on to general tax certificates. Certificates must be brought in, left, and processed in the order they are received.
Subsequent payments of delinquent taxes endorsed on certificates purchased in November 2009 draw interest at the rate of 0.833% per month or fraction thereof (10% per annum), from the date of payment. This interest is computed on a monthly basis to the date of redemption.
In addition to regular taxes, subsequent tax sale certificates may be redeemed and the redemption amount endorsed on your certificates. Tax Sale Certificates from previous public auctions cannot be redeemed and endorsed on your certificates unless your certificate is on a Special Assessment for a Local Improvement, Delinquent Sanitary Sewer lien, Delinquent Storm Drainage lien and the earlier certificate is a General Certificate. In this case, it is recommended that it be done since a deed on the General Certificate could make the Certificate for special assessment worthless.
This may be done at any time, but accrues interest from date of payment to date of redemption. Buyers wishing to make subsequent tax payments should bring or send their certificates to the following: