Title 21, Real Property

COL120106 The application must be made upon a verified petition of the judgment creditor showing: (a) The fact that an execution has been levied upon the homestead within sixty (60) days prior to the filing of said petition. (b) A description of the homestead and the name of the …

The petition must be filed with the clerk of court. SOURCE: CC '1247.

Within ninety (90) days from the date of filing the petition, a copy thereof, with the notice of the time and place of hearing, must be served upon the claimant or his attorneys at least two (2) days before the hearing; and if such notice shall not be so served, the lien of the e…

At the hearing the judge may, upon proof of the service of a copy of the petition and notice, and of the facts stated in the petition, appoint three (3) disinterested appraisers to appraise the value of the homestead. SOURCE: CC '1249.

The persons appointed, before entering upon the performance of their duties, must take an oath to faithfully perform the same. SOURCE: CC '1250.

COL120106 They must view the premises and appraise the value thereof, and if the appraised value, less the aggregate of all liens and encumbrances thereon, exceeds the homestead exemption, they must determine whether the land claimed can be divided without material injury. SOURCE…

Within fifteen (15) days after their appointment, they must make to the judge a report in writing, which report must show the appraised valued, the amount of all liens and encumbrances, and their determination upon the matter of a division of the land claimed. SOURCE: CC '1252.

If, from the report, it appears to the judge that the land claimed can be divided without material injury, he must, by an order, direct the appraisers to set off to the claimant so much of the land, including the residence and outbuildings, as will amount in value to the homestea…

If, from the report, it appears to the judge that the land claimed exceeds in value, over and above all liens and encumbrances, the amount of the homestead exemption, and that it cannot be divided, he must make an order directing its sale under the execution. SOURCE: CC '1254.

At such sale no bid shall be received, unless it exceeds the amount of the homestead exemption plus the aggregate amount of all liens and encumbrances on the property. SOURCE: CC '1255.

COL120106 If the sale is made, the proceeds thereof must be applied in the following order of priority, first, to the discharge of all liens and encumbrances, if any, on the property; second, to the homestead claimant to the amount of the homestead exemption; third, to the satisf…

The money paid to the claimant is entitled, for the period of six (6) months thereafter, to the same protection against legal process and the voluntary disposition of the husband or wife, which the law gives to the homestead. SOURCE: CC '1257 as amended by P.L. 15-113:14.

The court must fix the compensation of the appraisers, not to exceed two dollars ($2.00) per day each for the time actually engaged, but no compensation shall be paid to officers or employees of the Federal or Guam Government. SOURCE: CC '1258.

The execution creditor must pay the costs of these proceedings in the first instance; but in the cases provided for in ''62116 and 62117 , the amount so paid must be added as costs on execution, and collected accordingly. SOURCE: CC '1259.

Homesteads may be selected and claimed: (a) by any head of a family, of not exceeding Forty Thousand Dollars ($40,000) in actual cash value, over and above all liens and encumbrances on the property at the time of any levy of execution thereon; (b) by any person sixty-five (65) y…

The phrase "head of a family," as used in this Chapter, includes within its meaning: (a) the husband or wife when the claimant is a married person. (b) every person who has residing on the premises with him or her, and under his or her care and maintenance, either; (1) his or her…

Deemed Abandonment of Prior Homestead. Whenever a claim of homestead is made pursuant to Subsection (a) or (b) of § 43123 of this Article which includes property previously homesteaded, to the extent that such prior homestead is still valid, such new claim of homestead shall not …

In order of select a homestead, either husband or wife or head of a family must execute and acknowledge, in the same manner as a grant of real property is acknowledged, a declaration of homestead and file the same for record in the Department of Land Management. SOURCE: CC '1262,…

The declaration of homestead must contain: (a) a statement showing that the person making it is the head of a family, and if the claimant is married, the name of the spouse; or when the declaration is made by a married person without the joinder of his or her spouse, in the execu…

The declaration must be recorded in the office of the Department of Land Management. SOURCE: CC '1264.

From and after the time the declaration is filed for record, the premises therein described constitute a homestead. If the selection was made by a married person from the community property or from the separate property of the spouse making the selection of joining therein, the l…

With Proceeds of Former Homestead. If the proceeds arising from the sale of property selected as a homestead are used for the purpose of real property within the period of six (6) months following such sale, the property purchased may be selected as a COL120106 homestead in the m…

Any person other than the head of a family, in the selection of a homestead, must execute and acknowledge, in the same manner as a grant of real property is acknowledged, a declaration of homestead. SOURCE: CC '1266.

The declaration must contain everything required by the second, third, and fourth subdivisions of § 43202, and in addition thereto may contain the statement and affidavit provided for by subdivision 5 of said section, with like effect as therein provided. SOURCE: CC '1267.

The declaration must be recorded in the office of the Department of Land Management. SOURCE: CC '1268.

From and after the time the declaration is filed for record, the land described therein is a homestead. SOURCE: CC '1269. ARTICLE 4 COL120106 MARRIED PERSON’S SEPARATE HOMESTEAD

Acknowledgment and Declaration. Following the entry of a judgment decreeing legal separation of the parties or an interlocutory judgment of dissolution of a marriage, each spouse may execute and acknowledge in the same manner as a grant of real property is acknowledged, a declara…

The declaration must contain: (a) a statement that the declarant is a married person, and that there is in existence a judgment decreeing legal separation of the parties or an interlocutory judgment of a dissolution of the marriage between declarant and his or her spouse; (b) a s…

For the purpose of this Article, the phrase head of a family includes every person who is residing on the premises with him or her and under his or her care and maintenance one or more of the persons enumerated in Paragraphs (1), (2), (3), (4) and (5) of Subsection (b) of § 43124…

From and after the time the declaration is recorded in the Department of Land Management, the land described therein is a homestead. SOURCE: CC '1269.4, added by P.L. 15-113:21.

Separate Homestead Into Joint Protection Homestead: Reduction of Exemption. When a homestead has been declared under § 43401 by a married person following the entry of an interlocutory judgment of dissolution of a marriage upon property awarded to such person by such judgment, a …

This Chapter shall known as the Horizontal Property Act. SOURCE: CC '1270.

Unless it is plainly evident from the context that a different meaning is intended, as used herein: (a) Apartment means a part of the property intended for any type of use or uses, and with an exit to a public street or highway or to a common element or elements leading to a publ…

Whenever the sole owner or sole lessee or all of the owners or all of the lessees of a property expressly declare, through the execution and recordation of a master deed or lease, together with a declaration, which declaration shall set forth the particulars enumerated by § 45111…

Each apartment, together with the common interest appertaining thereto, shall for all purposes constitute real property and may be individually conveyed, leased, or encumbered and be the subject of ownership, possession, or sale and of all types of juridic acts inter vivos or mor…

The apartment owner is entitled to the exclusive ownership and possession of the apartment. Any apartment may be jointly or commonly owned by more than one person. SOURCE: CC '1274.

(a) Each apartment shall have appurtenant thereto a common interest as expressed in the declaration. (b) The common interest appurtenant to each apartment as expressed in the declaration shall have a permanent character and shall not be altered without the consent of all of the a…

Provisions. Each apartment owner shall comply strictly with the bylaws and with the administrative rules and regulations adopted pursuant thereto, as either of the same may be lawfully amended from time to time, and with the covenants, conditions, and restriction set forth in the…

No apartment owner shall do any work which would jeopardize the soundness or safety of the property, reduce the value thereof, or impair any easement or hereditament, nor may any apartment owner add any material structure or excavate any additional basement or cellar, without in …

Payment. (a) Subsequent to recording the declaration as provided in this Chapter, and while the property remains the subject of a horizontal property regime, no lien shall arise or be created against the common elements. During such COL070307 period, liens may arise or be created…

The common profits of the property shall be distributed among, and the common expenses shall be charged to, the apartment owners in proportion to the common interests appurtenant to their respective apartments; provided, that in the case of limited common elements, all costs and …

The Department of Land Management shall immediately set up the mechanics and method by which recordation of a master deed or lease and the declaration may be made. Provisions shall be made for the recordation of a master deed or lease and the declaration may be made. Provisions s…

Deeds or leases of apartments shall include the following particulars: COL070307 (a) Description of the land as provided in § 45111, or the post office address of the property, including either case an appropriate reference to the recording of the declaration. (b) The apartment n…

Simultaneously with the recording of the declaration, there shall be filed in the office of the Recorder a set of the floor plans of the building or buildings, showing the layout, location, apartment numbers, and dimensions of the apartments, stating the name of the property or t…

Should the apartments be conveyed or leased prior to the completion of construction of the building or buildings for the purpose of financing such construction, all moneys from the sale of such apartments, including any payments made on loan commitments from lending institutions,…

Construction. No final public report may be issued prior to completion of construction of the project unless there is filed with the Commission. (a) A verified statement showing all costs involved in completing the project, including land payments or lease payments, real property…