Guam § 39113 - Acts Unnecessary to Make Real Estate Title Marketable:

§ 39113. Acts Unnecessary to Make Real Estate Title Marketable:

Twenty-Year Limitation.

It shall not be necessary to perform any of the following acts to correct

the record with respect to the title of real estate, in order to make such title

marketable, in any instances where the defect or omission has existed of

record for more than a period of twenty (20) years, a missing original

instrument was filed more than twenty (20) years previously, and the record

does not show that any action has been commenced with reference thereto,

to wit:

(a) Make any showing or explanation as to the absence of a corporate,

Notary or other official seal of any kind; and after twenty (20) years from

the date of the instrument, such person purporting to act as a corporate

official, Notary Public or other official shall be presumed to have been

authorized to act in the same manner as though the proper seal had been

affixed to said instrument;

(b) Make any showing or explanation as to interest or lack of interest

of anyone encumbering real estate to which the recorder's records do not

show such person to have had title;

(c) Make any showing or explanation where a reference has been made

in any instrument to a mortgage, and no mortgage answering such

description is shown to have been of record at such time;

(d) Make any showing or explanation as the martial status of a person

by reason of the omission of a description of such marital status from either

the body of the instrument or the acknowledgment;

(e) Obtain any conveyance, release or explanation by reason of an

option which, under its terms, required that it be exercised more than twenty

(20) years theretofore;

(f) Undertake any court proceedings or make any showing or

explanation for the disappearance, loss or destruction of an original

instrument when the entries in the book or books in the possession of the

recorder show that the missing instrument was filed, the nature of the

instrument, the number of the instrument and the date when filed, the parties

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to the instrument, the interest in real estate affected by the instrument, and a

description of the land sufficient for its identification in the chain of title. In

such case the recorder's records shall have the same legal effect as the

missing instrument would have had.