Guam § 2275 - Value, Estimated in Favor of Seller.
Full text of Guam Guam Code Annotated § 2275 — Value, Estimated in Favor of Seller., with citation guidance and answers to common questions.
§ 2275. Value, Estimated in Favor of Seller.
In estimating damages, the value of property to a seller thereof is deemed to be the price which he could
have obtained therefor in the market nearest to the place at which it should have been accepted by the buyer,
and at such time after the breach of the contract as would have sufficed, with reasonable diligence, for the
seller to effect a resale.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 2275
What does Guam Code Annotated § 2275 cover?
Section 2275 ("Value, Estimated in Favor of Seller.") 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 § 2275?
A common citation format is "Guam Code Annotated § 2275" (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 § 2275 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.