As used in this article, unless the context otherwise requires:(1) 'Commercial real property' means real property intended to generate income either from capital gain or rental income, such as office buildings.(2) 'Land' means any ground, soil, water, real property, commercial real property, minerals, mineral resources, or earth whatsoever.(3) 'Minerals' or 'mineral resources' means any valuable inert or lifeless substance formed or deposited in its present position through natural agencies and which is found either in or on the soil or rock of the earth, including without limitation those commodities subject to regulation under articles 32, 32.5, 33, and 60 of title 34, C.R.S., including but not limited to oil, gas, coal, sand, gravel, and other minerals.(4) 'Permanent school fund' means the public school fund created in section 3 of article IX of the state constitution, which is the same as the public school fund described in section 22-41-102, C.R.S.(5) 'Real property' means buildings, structures, fixtures, and improvements on land, and every estate, interest, privilege, tenement, easement, right-of-way, and other right in land, legal or equitable, including leasehold ns buildings, structures, fixtures, and improvements on land, and every estate, interest, privilege, tenement, easement, right-of-way, and other right in land, legal or equitable, including leasehold interests.(6) 'State board of land commissioners' or 'state board' means the state board of land commissioners described in section 36-1-101.5.(7) 'State school lands' means an endowment of land assets held in a perpetual, intergenerational public trust for the support of public schools.Amended by 2013 Ch. 376, §1, eff. 6/5/2013.L. 97: Entire section added, p. 832, § 1, effective May 21. L. 2013: Entire section amended, (HB 13-1274), ch. 376, p. 2208, § 1, effective June 5.
Colorado Legal Code