Guam § 43204 - Disposition, Generally.
Full text of Guam Guam Code Annotated § 43204 — Disposition, Generally., with citation guidance and answers to common questions.
§ 43204. Disposition, Generally.
From and after the time the declaration is filed for record, the premises
therein described constitute a homestead. If the selection was made by a
married person from the community property or from the separate property
of the spouse making the selection of joining therein, the land so selected,
on the death of either of the spouses, vests in the survivor, subject to no
other liability than such as exists or has been created under the provisions of
this Chapter; in other cases, upon the death of the person whose property
was selected as a homestead, it shall go to the heirs or devisees, subject to
the power of the court having jurisdiction to assign the same for a limited
period to the family of the descendent; but in no case shall it, or the
products, rents, issues or profits thereof be held liable for the debts of the
owner, except as provided in this Chapter; and should the homestead be
sold by the owner, the proceeds arising from such sale to the extent of the
value allowed for a homestead exemption as provided in this Chapter shall
be exempt to the owner of the homestead for a period of six (6) months next
following such sale.
Frequently Asked Questions About Guam § 43204
What does Guam Code Annotated § 43204 cover?
Section 43204 ("Disposition, Generally.") 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 § 43204?
A common citation format is "Guam Code Annotated § 43204" (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 § 43204 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.