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Terms Used In 18 Guam Code Ann. § 35204

  • Contract: A legal written agreement that becomes binding when signed.
  • Lien: A claim against real or personal property in satisfaction of a debt.
A lien may be created by contract, to take immediate effect, as security for the performance of obligations not then in existence.

SOURCE: CC § 2884.
NOTE: No 1970 Civil Code Ԥ 2885-2887 existed.

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ARTICLE 3
EFFECT OF LIENS