21 Guam Code Ann. § 31106
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Terms Used In 21 Guam Code Ann. § 31106
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Transfers of property in trust for the benefit of creditors and transfers or liens on property by way of mortgage, are required to be recorded in the cases specified in the Chapter on mortgages, and in cases specified by the insolvency law.
SOURCE: CC § 1164.
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