Guam § 45123 - Separate Taxation.
Full text of Guam Guam Code Annotated § 45123 — Separate Taxation., with citation guidance and answers to common questions.
§ 45123. Separate Taxation.
The laws relating to home exemptions from property taxes are
applicable to the individual apartments, which shall have the benefit of
home exemption in those cases where the owner of single family dwelling
would qualify. Property taxes shall be assessed on and collected on the
individual apartments and not on the property as a whole. Without
limitation of the foregoing, each apartment and the common interest
appertaining thereto shall be deemed to be a parcel and shall be subject to
separate assessment and taxation for all types of taxes authorized by law,
including, but not limited to, special assessments.
Frequently Asked Questions About Guam § 45123
What does Guam Code Annotated § 45123 cover?
Section 45123 ("Separate Taxation.") 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 § 45123?
A common citation format is "Guam Code Annotated § 45123" (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 § 45123 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.