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Terms Used In 11 Guam Code Ann. § 24826

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
(a) On such redemption, the tax collector shall make an entry opposite the assessment on the roll on which the property was sold showing:

(1) The parcel released from lien by separate redemption;

(2) The portion of the amount of sold taxes paid;
(3) The valuation on the remainder of the assessment; (4) The portion of the amount of sold taxes remaining
unpaid.

(b) Opposite the assessment on each delinquent roll on which the property appears, the tax collector shall note the fact and date of partial redemption.

(c) In all other respects the redemption shall be made in the regular manner.

SOURCE: GC § 19414.

2018 NOTE: Subsection/subitem designations added/altered pursuant to authority by 1 Guam Code Ann. § 1606.