Terms Used In 22 Guam Code Ann. § 30121

  • 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.
If any provision of this Act, or the application of any provision to any person or circumstance, is held invalid or determined to be contrary to federal or other laws governing the certification or licensure of real estate appraisers, the remainder of this Act shall be given effect without the invalid provision or application.

SOURCE: Added by P.L. 21-28:21.