Such certificate of purchase shall be assignable by endorsement, and an assignment thereof, when entered upon the record of sales in the offices of the county clerk and recorder and the treasurer, shall vest in the assignee or his legal representative all the right and title of the original purchaser.
Source: L. 64: R&RE, p. 728, § 1. C.R.S. 1963: § 137-11-18.
ANNOTATION
Annotator's note. The following annotations include a case decided under this section as it existed prior to its 1964 repeal and reenactment.
Assignee becomes lawful holder of certificate even if assignment not recorded. The assignee of a certificate of purchase, who in good faith and for a valuable consideration purchases the interest of his assignor and receives from him the certificate bearing his indorsement, with the intent of transferring to the assignee the right and title represented thereby, would become the lawful holder of the certificate of sale, even though the assignment was not recorded as provided in this section. White Cap Mining Co. v. Resurrection Mining Co., 115 Colo. 396, 174 P.2d 727 (1946).
Assignment of certificate carries rights of original purchaser. The assignment of a tax sale certificate carries with it and vests in the assignee all the rights of the original purchaser. Bd. of Comm'rs v. Whelen, 28 Colo. 435, 65 P. 38 (1901).