Guam § 23125 - Another Redemptioner May Redeem.
Full text of Guam Guam Code Annotated § 23125 — Another Redemptioner May Redeem., with citation guidance and answers to common questions.
§ 23125. Another Redemptioner May Redeem.
If property be so redeemed by a redemptioner, another
redemptioner may, within sixty (60) days after the last
redemptioner, again redeem it from the last redemptioner on
paying the sum paid on such last redemption, with two percent
(2%) thereon in addition, and the amount of any assessment or
taxes and any reasonable sum for insurance, maintenance,
upkeep, repair or rehabilitation of improvements upon the
property, and any amount necessarily paid for land rental if a
leasehold interest was purchased, which the last redemptioner
may have paid thereon after the redemption by him, with interest
on such amount, and, in addition, the amount of any liens held
by said last redemptioner prior to his own, with interest; but the
judgment under which the property was sold need not be so paid
as a lien. The property may be again, and as often as
redemptioner is so disposed, redeemed from any previous
redemptioner within sixty (60) days after the last redemption on
paying sum paid on the last previous redemption, with two
percent (2%) thereon in addition, and the amount of any
assessments or taxes and any reasonable sum for insurance,
maintenance, upkeep, repair or rehabilitation of improvements
COL6/5/2019
upon the property, and any amount necessarily paid for land
rental if a leasehold interest was purchased, which the last
previous redemptioner paid after the redemption by him, with
interest thereon, and the amount of any liens, other than the
judgment under which the property was sold, held by the last
redemptioner, previous to his own with interest. Written notice
of redemption must be given to the marshal who made the sale
and a duplicate filed with the Director of Land Management, and
if any taxes or assessments are paid by the redemptioner, or if he
has or acquired any lien other than that upon which the
redemption was made, notice thereof must in like manner be
given to the commissioner and filed with the Director of Land
Management, and if such notice be not filed, the property may be
redeemed without paying such tax, assessment or lien.
Frequently Asked Questions About Guam § 23125
What does Guam Code Annotated § 23125 cover?
Section 23125 ("Another Redemptioner May Redeem.") 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 § 23125?
A common citation format is "Guam Code Annotated § 23125" (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 § 23125 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.