Location
Spain ceded Guam to the US in 1898. Captured by the Japanese in 1941, it was retaken by the US three years later. The military installations on the island are some of the most strategically important US bases in the Pacific.
Guam is a presidential democracy. Guam is a self-governing unincorporated territory of the US.
Source: CIA World Factbook
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Resources
Displaying 61 - 65 of 75Liens in General - Chapter 35 of Title 18 GCA “Business Structure and Function”.
This Chapter provides in general for matters relating to liens: definition of liens; creation of liens; effect of liens; priority of liens; redemption from liens; and extinction of liens. A lien is a charge imposed in some mode other than by a transfer in trust upon specific property by which it is made security for the performance of an act, e.g. mortgages. A general lien is one which the holder thereof is entitled to enforce as a security for the performance of all the obligations, or all of a particular class of obligations, which exist in his favour against the owner of the property.
Mortgages - Chapter 36 of 21 GCA “Real Property.
This Chapter defines mortgages and the legal obligations they create and prescribes how mortgages are created, renewed and extended, their effects on real property, how they are to be extinguished, etc. Mortgage is a contract by which specific property is hypothecated for the performance of an act, without the necessity of a change of possession. A mortgage can be created, renewed or extended, only by writing, executed with the formalities required in the case of a grant of real property.
Obligations of Owners - Chapter 11 of 21 GCA “Real Property”.
This Chapter defines the duties of tenant for life, coterminous owners, two or more persons are associated by agreement in the use of an asset belonging to a property, etc. The owner of a life Estate shall be required to carry out duties defines in section 1 with respect to the estate. Neighbouring owners are mutually bound equally to maintain the boundaries, monuments and fences between them.
Actions for Nuisance, Waste, and Willful Trespass – Chapter 23 of 21 GCA “Real Property”.
This Chapter grants the right to civil action to: (a) any person whose property is injuriously affected, or whose personal enjoyment is lessened by a nuisance, as the same is defined in 20 GCA; (b) the Attorney General in the name of the government of Guam to abate a public nuisance as the same is defined in 20 GCA; (c) any person aggrieved by the waste caused by a guardian, tenant for life or years, joint tenant, or tenant in common of real property; (d) an owner of a land against any person who cuts down or carries off any wood or underwood, tree, or timber, or girdles or otherwise injure
Estates in General – Chapter 3 of 21 GCA “Real Property”.
This Chapter provides for a series of general matters with respect to real or immovable property such as classification of estates, the definition of ownership issues, limitations on full ownership, reversions, remainder of former estate, suspension of ownership, limitations on Life Estates, rights of heirs of life tenants, etc. Estates in real property, in respect to the duration of their enjoyment, are either: estates of inheritance or perpetual estates; estates for life; estates for years; or estates at will.