This Chapter shall be construed to effect the legislative purpose of simplifying the facilitating of land title transactions by allowing persons to deal with the record title owner as defined herein; to rely upon the record title covering a period prior to January 1, 1935, and to that end to bar all claims that affect or may affect the interest thus dealt with, the existence of which claim arises out of or depends upon any act, transaction, event or omission antedating January 1, 1935, unless a notice of such claim as provided in this Chapter shall have been duly filed for record. The claims hereby barred shall mean any and all interests of any nature whatever, however denominated, whether such claims are asserted by a person sui juris or under disability, whether such person is, or has been, within or without the Territory of Guam, and whether such person is natural, corporate or private; except that this Chapter shall not be deemed to affect the right, title or interest of the United States of America or the Territory of Guam to any lands in the Territory of Guam.
SOURCE: CC ‘1218.10.