Guam § 39102 - Transfer Waives Lien.
Full text of Guam Guam Code Annotated § 39102 — Transfer Waives Lien., with citation guidance and answers to common questions.
§ 39102. Transfer Waives Lien.
Where the buyer of real property gives to the seller a written contract
for payment of all or part of the price, an absolute transfer of such contract
by the seller waives his lien to the extent of the sum payable under the
contract, but a transfer of such contract in trust to pay debts, and return the
surplus, is not a waiver of the lien.
Frequently Asked Questions About Guam § 39102
What does Guam Code Annotated § 39102 cover?
Section 39102 ("Transfer Waives Lien.") 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 § 39102?
A common citation format is "Guam Code Annotated § 39102" (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 § 39102 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.