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Terms Used In 21 Guam Code Ann. § 9101

  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
The owner of a life estate may use the land in the same manner as the owner of a fee simple, except that he must do no act to the injury of the inheritance.
SOURCE: CC ‘818.