4 Guam Code Ann. § 12106
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Terms Used In 4 Guam Code Ann. § 12106
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
The Director of Administration shall make available under or unutilized government housing to elderly persons, welfare recipients or persons requiring emergency housing at a rent less than the fair market value and at rates calculated to be within the means of those offered such housing. Only those persons certified by the Department of Public Health
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4 Guam Code Ann. PUBLIC OFFICERS & EMPLOYEES
CH. 12 GOVERNMENT HOUSING
and Social Services to be eligible for such housing shall be offered such available units by the Director of Administration.
SOURCE: § 4306 GC, as added by P.L. 14-134:2.