Guam § 23126 - Deed to be Given at Expiration of Redemption.

§ 23126. Deed to be Given at Expiration of Redemption.

If no redemption be made within twelve (12) months after

the sale, the purchaser is entitled to a conveyance; or, if so

redeemed, whenever sixty (60) days have elapsed, and no other

redemption has been made and notice thereof given and the time

for redemption has expired, the last redemptioner, or his

assignee, is entitled to a deed and to a Certificate of Title from

the government of Guam, but, in all cases, the judgment debtor

shall have the entire period of twelve (12) from the date of the

sale to redeem the property. If the judgment debtor redeem, he

must make the same payments as are required to affect a

redemption by a redemptioner. If the debtor redeemed, the affect

of the sale is terminated, and he is restored to his estate. Upon a

redemption by the debtor, the person to whom the payment is

made must execute and deliver to him a certificate of

redemption, acknowledged or proved before an officer

authorized to take acknowledgments of conveyances of real

property. Such certificate must be filed and recorded in the

Department of Land Management and the Director of Land

Management must note the record thereof in the margin of the

record of the certificate of sale.