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Terms Used In 21 Guam Code Ann. § 43116

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
If, from the report, it appears to the judge that the land claimed can be divided without material injury, he must, by an order, direct the appraisers to set off to the claimant so much of the land, including the residence and outbuildings, as will amount in value to the homestead exemption, over and above all liens and encumbrances, and the execution may be enforced against the remainder of the land.
SOURCE: CC ‘1253.