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.