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Terms Used In 11 Guam Code Ann. § 143104

  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
erever it is stated in this act that an agreement or contract contrary to the provisions of this act, or of a particular chapter, section or provision of this act, shall be void, such statement shall be deemed limited to the particular portion of such agreement or contract which shall be contrary to such chapter, section or other provision of this act, and the entire agreement or contract shall not be void unless such particular part thereof shall not be separable therefrom. Except as

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11 Guam Code Ann. FINANCE & TAXATION
CH. 143 MISCELLANEOUS

otherwise expressly provided in this act, no violation of any of the provisions of this act shall render invalid any agreement, contract, stock, share, investment certificate, note, trust deed, mortgage or other instrument.

SOURCE: GC §41703.