Whether caused by the failure to follow precise escrow instructions or inattention to detail by one or more of the parties to a closing or payoff, the indebtedness secured by a lien on real property is often satisfied, but such lien is not released of record. Title companies conducting closings often close on a payoff
November 2010
Urban Renewal Authority Voted Down, But Why
By Jim Johnson on
Residents of the northern Douglas County City of Castle Pines North, or Castle Pines as it’s now known, voted on Tuesday to abolish the City’s recently established urban renewal authority. The yes votes on Question 300 outnumbered the no votes by almost 2 to 1. In abolishing the City’s urban renewal authority, residents decided not…