Terms Used In 7 Guam Code Ann. § 23113

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Before the sale of property on execution or under power contained in any deed of trust, notice thereof must be given as follows:

(a) In case of perishable property; by posting written notice of the time and place of sale in three public places in the city where the property is to be sold, if the property is to be sold in a city, or, if not, then in three public places in the town or village in which the property is to be sold, for such time as may be reasonable, considering the character and condition of the property.

(b) In case of other personal property: By posting a similar notice in three public places in the city where the property is to be sold, if the property is to be sold in a city, or, if not, then in three public places in the town or village in which the property is to be sold, for not less than five days nor more than ten days.

(c) In case of real property, by posting a similar notice particularly describing the property for twenty (20) days, in three public places in the city where the property is to be sold, if the property is to be sold in a city, or, if not, then in three public places in the town or village in which the property is to be sold, and publishing a copy thereof once a week for the same period in some newspaper of general circulation printed and published in Guam, if there is one;
provided that in all cases a copy of said notice shall be posted in some conspicuous place on the property to be sold at least twenty (20) days before the date of sale.

(d) When the judgment under which the property is to be sold is made payable in a specified kind of money or currency, the several notices required by this section must state the kind of money or currency in which bids may be made at such sale, which must be the same as that specified in the judgment.

SOURCE: CCP § 692.

2012 NOTE: In maintaining the general codification scheme of the GCA the Compiler changed the hierarchy of subsections beginning with “”Numbers”” to “”Lowercase Letters”” in this section.