Guam § 43205 - Retroactive Effect of New Declaration on Property Purchased
Full text of Guam Guam Code Annotated § 43205 — Retroactive Effect of New Declaration on Property Purchased, with citation guidance and answers to common questions.
§ 43205. Retroactive Effect of New Declaration on Property Purchased
With Proceeds of Former Homestead.
If the proceeds arising from the sale of property selected as a
homestead are used for the purpose of real property within the period of six
(6) months following such sale, the property purchased may be selected as a
COL120106
homestead in the manner provided in this Chapter within the period of six
(6) months following such sale, and such selection, when the declaration
has been filed for record, shall have the same effect as if it had been created
at the time the prior declaration of homestead was filed for record.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 43205
What does Guam Code Annotated § 43205 cover?
Section 43205 ("Retroactive Effect of New Declaration on Property Purchased") 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 § 43205?
A common citation format is "Guam Code Annotated § 43205" (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 § 43205 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.