11 Guam Code Ann. § 24819
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Terms Used In 11 Guam Code Ann. § 24819
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Redemption penalties are the sum of the following:
(a) One-half (1/2) of one percent a month beginning July
1 of the year of sale to the government on the amount of sold
taxes at the time of sale;
(b) One-half (1/2) of one percent a month beginning July
1 of each subsequent year on unpaid taxes for which the property would have been sold to the government in that year if there had not been a previous sale.
Provided, however, that the minimum penalty under this Section shall be Two Dollars ($2.00).
SOURCE: GC § 19407.
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COL 7/27/2023
11 Guam Code Ann. FINANCE & TAXATION
CH. 24 REAL PROPERTY TAX