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Terms Used In 19 Guam Code Ann. § 6112

  • Contract: A legal written agreement that becomes binding when signed.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) All contracts between husband and wife of which the subject matter is their separate or community property must be in writing and executed and acknowledged or approved in like manner as a grant of land is required to be executed and acknowledged or approved.

(b) A minor married person may enter a contract with his spouse with the same force and effect as if the minor spouse had attained his majority at the time of execution of the contract.

(c) The recording or non-recording of such contract has a like effect as the recording or non-recording of a grant of real property.

SOURCE: CC § 166 enacted by P.L. 15-113:2.