Guam § 5134 - Mortgagee May Own and Transfer Title to Leasehold
Full text of Guam Guam Code Annotated § 5134 — Mortgagee May Own and Transfer Title to Leasehold, with citation guidance and answers to common questions.
§ 5134. Mortgagee May Own and Transfer Title to Leasehold
Without Regard to § 5133.
Nothing in this Article shall prevent a mortgagee from foreclosing
the interest of any mortgagor in default on a mortgage or deed of trust
entered into as security for financing the improvement of a leasehold
provided for by § 5133 of this Article. In the event of foreclosure or any
proceeding in lieu thereof, including assignment of lease, the mortgagee
may convey the leasehold and improvement to any buyer. Such
conveyance shall not be subject to any of the restrictions of § 5133 of
this Article.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 5134
What does Guam Code Annotated § 5134 cover?
Section 5134 ("Mortgagee May Own and Transfer Title to Leasehold") 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 § 5134?
A common citation format is "Guam Code Annotated § 5134" (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 § 5134 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.