Guam Affidavit of Possession by Tenant is a legal document that certifies an individual's right to possess a property as a tenant in Guam. This affidavit serves as proof of the tenant's residency and outlines various details about the tenancy agreement. The Guam Affidavit of Possession by Tenant includes specific information such as the tenant's name, current address, contact details, and the property's address. It also provides the term of the tenancy, including the start and end dates of the lease agreement, and the monthly rental amount. Additionally, this affidavit typically mentions the landlord's name and contact information, ensuring clear identification of parties involved. It may state the tenant's responsibilities, such as the maintenance of the property and any conditions or restrictions imposed by the landlord. Furthermore, the Guam Affidavit of Possession by Tenant can also specify the conditions under which the lease agreement may be terminated, including breach of the lease terms or non-payment of rent. It may outline the tenant's rights, obligations, and the consequences for violating the rental agreement. Different types of Guam Affidavit of Possession by Tenant may exist based on specific circumstances or variations in lease agreements. For example: 1. Long-term Lease Affidavit of Possession: This type of affidavit is used when the tenant intends to occupy the property for an extended period, typically longer than one year. 2. Month-to-Month Lease Affidavit of Possession: This affidavit is applicable to tenants on a month-to-month rental agreement, where either party has the flexibility to terminate the lease with proper notice. 3. Sublease Affidavit of Possession: This document is used when a tenant wishes to sublet the property to another individual while still maintaining their rights and responsibilities as the primary tenant. 4. Commercial Lease Affidavit of Possession: This type of affidavit applies to tenants leasing commercial properties for business purposes, outlining specific terms and conditions based on commercial leasing regulations. In summary, the Guam Affidavit of Possession by Tenant is a crucial legal document that substantiates a tenant's right to possess a property in Guam. It details important aspects of the tenancy agreement, including tenant and landlord information, lease terms, and the rights and obligations of both parties.