Guam Term Royalty Deed that Terminates Upon Expiration of Lease is a legal agreement that pertains to the termination of a lease and the associated royalties in the U.S. territory of Guam. This type of deed outlines the specific terms and conditions under which the lease will expire, and subsequently, the termination of any associated royalty payments. Keywords: Guam, Term Royalty Deed, Termination, Expiration of Lease There are several types of Guam Term Royalty Deeds that terminate upon the expiration of a lease. These can vary depending on the specific circumstances and agreements between parties involved. Some examples include: 1. Residential Property Term Royalty Deed: This type of deed relates to lease agreements for residential properties in Guam. When the lease term ends, this deed terminates the lease and any associated royalty payments. 2. Commercial Property Term Royalty Deed: This specific deed applies to lease agreements for commercial properties in Guam. When the lease period concludes, this deed terminates the lease and all related royalty obligations. 3. Land Lease Term Royalty Deed: This type of deed applies to lease agreements specifically for land in Guam. Upon the expiration of the lease, this deed terminates the lease and any royalties payable for the use of the land. 4. Industrial Property Term Royalty Deed: This deed pertains to lease agreements for industrial properties in Guam. When the lease term expires, this deed terminates the lease and any associated royalty payments. It is important to note that the specific terms and conditions of each Guam Term Royalty Deed that terminates upon the expiration of a lease can vary. Therefore, it is crucial to review and understand the terms outlined in the particular deed to ensure compliance and a smooth termination of the lease agreement. Seeking legal advice or consulting an attorney experienced in Guam real estate law is recommended to navigate the complexities of such agreements.