Guam § 23124 - Redemption of Property, How and When.

§ 23124. Redemption of Property, How and When.

COL6/5/2019

The judgment debtor, or redemptioner, may redeem the

property from the purchaser any time within twelve (12) months

after the sale on paying the purchaser the amount of purchase,

with one percent (1%) per month thereon in addition, up to the

time of redemption, together with the amount of any assessment

or taxes and any reasonable sum for insurance, maintenance,

upkeep, repair or rehabilitation or improvements upon the

property, and any amount necessarily paid for land rental if a

leasehold interest was purchased, which the purchaser may have

paid thereon after purchase, and interest on such amount, and if

the purchaser be also a creditor, having a prior lien to that of the

redemptioner, other than the judgment under which said

purchase was made, the amount of such lien with interest.