Guam § 2276 - Value, Estimated, Favor of Buyer.
Full text of Guam Guam Code Annotated § 2276 — Value, Estimated, Favor of Buyer., with citation guidance and answers to common questions.
§ 2276. Value, Estimated, Favor of Buyer.
In estimating damages, except as provided by §§ 2277 and 2278, the value of property, to a buyer or
owner thereof, deprived of its possession, is deemed to be the price at which he might have bought an
equivalent thing in the market nearest to the place where the property ought to have been put into his
possession, and at such time after the breach of duty upon which his right to damages is founded as would
suffice, with reasonable diligence, for him to make such a purchase.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 2276
What does Guam Code Annotated § 2276 cover?
Section 2276 ("Value, Estimated, Favor of Buyer.") 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 § 2276?
A common citation format is "Guam Code Annotated § 2276" (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 § 2276 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.