Colorado criminal charge
Equity skimming of real property in Colorado
Equity skimming of real property is a class 5 felony under Colorado criminal law, defined by C.R.S. § 18-5-802. As a class 5 felony, it is punishable within the statutory sentencing range Colorado sets for that offense class. Colorado sorts criminal offenses into felonies, misdemeanors, and petty offenses, each carrying its own penalty range.
Defined by C.R.S. § 18-5-802.
What is the penalty for equity skimming of real property in Colorado?
| Penalty | Range | Basis | Authority |
|---|---|---|---|
| Jail / prison | 1 years to 3 years | presumptive | C.R.S. § 18-1.3-401 |
| Fine | 1000 usd to 100000 usd | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 2 years to 2 years (mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
Applies to offenses on/after 2018-07-01.
Common questions about equity skimming of real property in Colorado
Is equity skimming of real property a felony or a misdemeanor in Colorado?
Equity skimming of real property is a class 5 felony in Colorado under C.R.S. § 18-5-802.
What are the penalties for equity skimming of real property in Colorado?
As a class 5 felony, equity skimming of real property carries 1 years to 3 years of incarceration and a fine of $1,000 to $100,000 under C.R.S. § 18-1.3-401 (offenses on/after 2018-07-01).
Which Colorado statute covers equity skimming of real property?
Equity skimming of real property is governed by C.R.S. § 18-5-802 (Equity skimming of real property).
Legal terms used in this law
This reference is informational and is not legal advice. Penalty ranges are the statutory classification ranges; sentencing in a specific case depends on its facts and history.