21 Guam Code Ann. § 21104
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Terms Used In 21 Guam Code Ann. § 21104
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
either of the following cases, a person who holds over and continues in the possession of real property, after a three (3) day written notice to quit the same shall have been served upon him, or if there is a subtenant in actual occupation of the premises, also upon such subtenant as prescribed in § 21105 of this Chapter, may be removed therefrom as prescribed in this
Chapter.
Chapter.
(a) Where the property has been duly sold by virtue of an execution against him, or a person under whom he claims, and the title under the sale has been duly perfected.
(b) Where the property has been duly sold upon the foreclosure, by proceedings taken as prescribed in the Code of Civil Procedure, of a mortgage, and the title under the foreclosure has been duly perfected.
SOURCE: CCP § 1161a.
