Guam § 24107 - Judgment for Balance After Sale of Property.

Full text of Guam Guam Code Annotated § 24107 — Judgment for Balance After Sale of Property., with citation guidance and answers to common questions.

§ 24107. Judgment for Balance After Sale of Property.

Upon the sale of any real property, under a decree for a sale to satisfy a

mortgage or other encumbrance thereon, if there be a balance due to the

plaintiff after applying the proceeds of the sale, the court, upon motion, shall

give a decree against the defendant for any such balance for which, by the

record of the case, he may be personally liable to the plaintiff, upon which

execution may issue immediately if the balance is all due at the time of the

rendition of the decree; otherwise the plaintiff shall he entitled to execution

at such time as the balance remaining would have become due by the terms

of the original contract, which time shall be stated in the decree.

Source: official Guam text · Last verified 2026-08-27

Frequently Asked Questions About Guam § 24107

What does Guam Code Annotated § 24107 cover?

Section 24107 ("Judgment for Balance After Sale of Property.") 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 § 24107?

A common citation format is "Guam Code Annotated § 24107" (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 § 24107 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.