15 Guam Code Ann. § 755
Terms Used In 15 Guam Code Ann. § 755
- Inter vivos: Transfer of property from one living person to another living person.
- Intestate: Dying without leaving a will.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Probate: Proving a will
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
(a) In case of interests created by will or arising from intestate succession, with the Superior Court of Guam, whether or not an administration is then pending.
(b) In case of interests created by an inter vivos trust, with the trustee then acting.
(c) In other cases, with the person creating the interest.
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15 Guam Code Ann. ESTATES AND PROBATE
CH. 7 TESTAMENTARY ADDITIONS
Disclaimers made pursuant to this Article which affect real property or obligations secured by real property shall be acknowledged and proved, and may be certified and recorded, in like manner and with like effect as grants of real property, and all statutory provisions relating to the recordation or nonrecordation of conveyances of real property and to the effect thereof shall apply to such disclaimers with like effect, without regard to the date when the disclaimer was filed, if at all, pursuant to subsections (a) through (c) of this Section. Failure so to file a disclaimer which is recorded pursuant to this Section shall not affect the validity of any transaction with respect to such real property or obligation secured thereby, and the general laws of the territory of Guam on recording and its effect shall govern any such transaction.
SOURCE: California Probate Code, § 190.4.