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Liens in General - Chapter 35 of Title 18 GCA “Business Structure and Function”.

Country/Territory
Guam (USA)
Document type
Legislation
Date
1998 (2006)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Land tenure Land based credit
Geographical area
Oceania
Abstract

This Chapter provides in general for matters relating to liens: definition of liens; creation of liens; effect of liens; priority of liens; redemption from liens; and extinction of liens. A lien is a charge imposed in some mode other than by a transfer in trust upon specific property by which it is made security for the performance of an act, e.g. mortgages. A general lien is one which the holder thereof is entitled to enforce as a security for the performance of all the obligations, or all of a

Full text
English
Website
www.guamcourts.org