Guam § 33109 - Priority of Liens.

§ 33109. Priority of Liens.

All liens timely filed have equal priority. If a lien claimant

obtains a judgment foreclosing a lien, all proceeds from the sale

of the property subject to the lien shall be deposited into escrow

with the Superior Court of Guam until the time for all other lien

claimants to record their liens has expired. Should one hundred

fifty percent (150%) of the aggregate amount of all claims of lien

be less than the total amount of the proceeds in escrow, then the

lien claimants who have obtained a final judgment may apply to

the Superior Court for an order authorizing the disbursal of the

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full amount of said judgment with interest accrued. However,

should one hundred fifty percent (150%) of the aggregate

amount of all claims of lien be more than the total amount of the

proceeds in escrow, then the lien claimants who have obtained

final judgment shall only be entitled to a pro rata partial

disbursement equal to the ratio their total judgment with interest

accrued bears to one hundred fifty percent (150%) of the

aggregate amount of all claims of lien, until such time when all

lien claims have been finalized by final judgment or dismissal, at

which time the actual pro rata share of each lien claimant can be

determined and disbursed accordingly by court order.