§ 4201 Purposes of Sale
§ 4202 Conversion of Property for Purposes of Investment
§ 4203 Terms of Sale
§ 4204 Borrowing Money; Refinancing and Repairing Property
§ 4205 Sales Governed by Provisions Concerning Administrators
§ 4206 Ward in a Hospital [For Insane]
§ 4207 Application of Proceeds of Sale
§ 4208 Conveyance to Comply With Contract
§ 4209 Promissory Notes; Order of Court Required
§ 4210 Limitation Period on Sales by Guardians
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Terms Used In Guam Code > Title 15 > Chapter 42 - Sales, Mortgages, Leases and Conveyances

  • Contract: A legal written agreement that becomes binding when signed.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.