7 Guam Code Ann. § 21608
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Terms Used In 7 Guam Code Ann. § 21608
- Docket: A log containing brief entries of court proceedings.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Satisfaction of a judgment may be entered in the clerk’s docket upon an execution returned satisfied, or upon an acknowledgment of satisfaction filed with the clerk, which may recite payment of the judgment in full or the acceptance by the judgment creditor of any lesser sum in full satisfaction thereof, made in the manner of acknowledgment of conveyance of real property, by the judgment creditor, or by his endorsement on the face or on the margin of the record of the judgment, or by the attorney, unless a revocation of his authority is filed. Whenever a judgment is satisfied in fact, otherwise than upon an execution, the party or attorney must give such acknowledgment, or make such endorsement and, upon motion, the court may compel it, or may order the entry of satisfaction to be made without it.
SOURCE: CCP § 675.
NOTE: CCP § 675a, Satisfaction of mortgage recorded, was repealed by P.L. 5-54.