Terms Used In 11 Guam Code Ann. § 24710

  • 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.
On such payment as mentioned in § 24709, the tax collector shall make an entry on the roll opposite the assessment showing:

(a) The property released from liens by separate payment of taxes;

(b) The amount of taxes paid;

(c) The value of the remainder of the assessment; (d) The balance payable on the assessment.
SOURCE: GC § 19383.