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Terms Used In 3 Guam Code Ann. § 8507

  • 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 any provision of this Chapter, or the application thereof, to any person or circumstance is held invalid, the remainder of the Chapter and the application of the provision to other persons not similarly situated, or to other circumstances, shall not be affected.

SOURCE: GC § 2952, added by P.L 10-151:1 (June 24, 1970). Codified as 3 Guam Code Ann. § 16603. Repealed and reenacted to this section by P.L. 31-255:2 (Dec. 11, 2012).

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