What must a child do with a lot gained from a Parental Subdivision?

A child who gains a lot from a Parental Subdivision must keep it for a specified period, which is typically five years in many jurisdictions, including Guam. This requirement serves several purposes: it encourages stability and responsible property ownership among heirs, prevents immediate resale for a quick profit, and reinforces the intention behind parental subdivisions, which is often to provide a lasting benefit within the family.

The five-year holding period allows the child to potentially develop their understanding of property management and the responsibilities that come with ownership. After this duration, the child might make more informed decisions about whether to retain, sell, or develop the property based on their individual circumstances.

Other options may imply different expectations regarding the property that might not align with legal requirements or common practices associated with parental subdivisions. Therefore, maintaining ownership for five years reflects the design of keeping family property consolidated and encouraging thoughtful stewardship.