Proceeds. — Guam Code § 43119
Guam Code § 43119 — Proceeds.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 43119. Proceeds.
COL120106
If the sale is made, the proceeds thereof must be applied in the
following order of priority, first, to the discharge of all liens and
encumbrances, if any, on the property; second, to the homestead claimant to
the amount of the homestead exemption; third, to the satisfaction of the
execution; and fourth, the balance, if any, to the homestead claimant.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 43119
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Proceeds.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 43119?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 43119 address?
It addresses "Proceeds.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 43119 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.