Colorado · Colorado Revised Statutes — Title 18, Criminal Code
C.R.S. Title 18 § 18-5-802: Equity skimming of real property
What this law says, in plain English
Equity skimming of real property is a Class 5 felony. It occurs when someone knowingly acquires mortgaged property in arrears or defaults within 18 months, then either diverts rent without paying the loan first, or collects rent after foreclosure on behalf of someone other than the owner.
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