BY KIM ANDERSON YOUNG
Are you married? Seems like a fairly straightforward question, doesn’t it? However, in the real estate industry (and in Guam’s abundantly rich cultural environment), it’s actually a bit more complicated than a simple yes or no.
Seven years ago, we closed a transaction where a couple from mainland China were purchasing a residence on Guam. The house was to be held in Mr. Young’s name alone. When the escrow officer asked if they were married, the woman replied yes. The man signed an affidavit of transferee stating that . . .
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