Guam § 2549 - Acceptance of Deed in Lieu of Foreclosure; Approval.
Full text of Guam Guam Code Annotated § 2549 — Acceptance of Deed in Lieu of Foreclosure; Approval., with citation guidance and answers to common questions.
§ 2549. Acceptance of Deed in Lieu of Foreclosure; Approval.
If it shall appear to be to the advantage of the estate for the personal
representative to accept a deed of property which is subject to a mortgage
or other lien, in lieu of foreclosure of such mortgage or other lien, the
Superior Court may authorize, upon such terms and conditions as may be
imposed by the Superior Court, the acceptance of such deed, conveying
such property to the heirs or devisees of the decedent, subject to
administration, upon the petition of the personal representative or of any
person interested in the estate, after notice of the hearing given in the
manner provided in Section 3401 of this Title.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 2549
What does Guam Code Annotated § 2549 cover?
Section 2549 ("Acceptance of Deed in Lieu of Foreclosure; Approval.") 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 § 2549?
A common citation format is "Guam Code Annotated § 2549" (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 § 2549 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.