Terms Used In 11 Guam Code Ann. § 24824

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The amount of sold taxes on the parcel is the amount which bears the same proportion to the amount of sold taxes on the whole assessment as the valuation of such parcel bears to the valuation of all real property in the assessment.

SOURCE: GC § 19412.