Guam § 32505 - Settlements Voidable.
Full text of Guam Guam Code Annotated § 32505 — Settlements Voidable., with citation guidance and answers to common questions.
§ 32505. Settlements Voidable.
Any settlement (in or out of court) between a consumer and
developer or other person who is liable for breach of a warranty
established by this Article 5 is voidable by the consumer unless
first approved in writing acknowledged by the consumer and
signed by either the Attorney General or an attorney representing
the consumer. Any such settlement must include the satisfactory
correction of all known defects, or if a defect is not correctable,
shall provide for full compensation for the consumer’s damages.
The settlement shall apply only to known existing defects and may
not contain a waiver of rights as to other defects not then existing
or known to the consumer, nor shall it excuse any person liable
hereunder from once again being responsible for correcting the same
defect if the defect is not cured and remanifests itself.
Frequently Asked Questions About Guam § 32505
What does Guam Code Annotated § 32505 cover?
Section 32505 ("Settlements Voidable.") 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 § 32505?
A common citation format is "Guam Code Annotated § 32505" (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 § 32505 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.