Guam § 23130 - Rents and Profits.
Full text of Guam Guam Code Annotated § 23130 — Rents and Profits., with citation guidance and answers to common questions.
§ 23130. Rents and Profits.
The purchaser, from the time of the sale until the
redemption, and a redemptioner, from the time of his redemption
until another redemption, are entitled to receive from the tenant
in possession, the rents of the property sold, or the value of the
use and occupation thereof. But when any rents or profits have
been received by the judgment creditor or purchaser, or his or
their assigns, from the property thus sold preceding such
redemption, the amounts of such rents and profits less the costs
of operation and maintenance of the property shall be a credit
upon the redemption money to be paid; and if the redemptioner
or judgment debtor, before the expiration of the time allowed for
such redemption, demands in writing of such purchaser or
creditor, or his assigns, a written and verified statement of the
amounts of such rents and profits thus received, and the costs of
maintenance and operation of the property, the period for
redemption is extended five (5) days after such sworn statement
is given by such purchaser or his assigns to such redemptioner or
debtor. If such purchaser or his assigns shall, for a period of one
(1) month and after such demand, fail or refuse to give such
statement, such redemptioner or debtor may bring action in any
court of competent jurisdiction to compel an accounting and
disclosure of such rents and profits and until fifteen (15) days
from and after the final determination of such action, the right of
redemption is extended to such redemptioner or debtor.
Frequently Asked Questions About Guam § 23130
What does Guam Code Annotated § 23130 cover?
Section 23130 ("Rents and Profits.") 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 § 23130?
A common citation format is "Guam Code Annotated § 23130" (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 § 23130 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.