Guam § 20102 - Fraud.
Full text of Guam Guam Code Annotated § 20102 — Fraud., with citation guidance and answers to common questions.
§ 20102. Fraud.
When there is good reason to believe that a fraud has been
perpetrated or attempted through the declaration of fictitious
consideration in any such conveyance, deed, instrument, or writing, the
Registrar of Titles shall, from the real estate rolls, or from other reliable
sources, assess the said lands, tenements, or other realty at their true
market value, and the tax on such conveyance, deed, or instrument shall
be assessed and collected on such true market value of the realty
conveyed; and any person who, with the intent to defraud, places a
fictitious valuation on any realty conveyed and subject to the tax
imposed in this Chapter, or any valuation which shall be less than the
actual amount of money or other valuable thing received or delivered in
payment for such realty, shall, in addition to the payment of the tax
assessed on the actual consideration received or true market value of the
realty conveyed, forfeit and pay a sum equal to twice the amount of such
tax. The Attorney General, shall bring suit for all such penalties in the
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court having jurisdiction of the amount thereof.
Frequently Asked Questions About Guam § 20102
What does Guam Code Annotated § 20102 cover?
Section 20102 ("Fraud.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 20102?
A common citation format is "Guam Code Annotated § 20102" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 20102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.