7 Guam Code Ann. § 24421
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Terms Used In 7 Guam Code Ann. § 24421
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
e proceeds of the sale of encumbered property must be applied under the direction of the court, as follows:
1. To pay its just proportion of the general costs of the action;
2. To pay the costs of the reference;
3. To satisfy and cancel of record the several liens in their order of priority, by payment of the sums due and to become due; the amount due to be verified by affidavit at the time of payment;
4. The residue among the owners of the property sold, according to their respective shares therein.
SOURCE: CCP § 771.
COL2102014
7 Guam Code Ann. CIVIL PROCEDURE
CH. 24 ACTIONS IN PARTICULAR CASES