21 Guam Code Ann. § 104111
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Terms Used In 21 Guam Code Ann. § 104111
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
It is a violation, punishable by a fine of not exceeding $50 for each offense, for any person whether obligor, escrow holder or otherwise, to pay or deliver to anyone a compensation for performing any of the acts within the scope of this Chapter, who is not known to be or who does not present evidence to such payer that he is a regularly licensed real estate broker at the time such compensation is earned.
For violation of any of the provisions of this section, the Commissioner may temporarily suspend or permanently revoke the license of the real estate licensee in accordance with the provisions of this Division relating to Hearings.
For violation of any of the provisions of this section, the Commissioner may temporarily suspend or permanently revoke the license of the real estate licensee in accordance with the provisions of this Division relating to Hearings.
SOURCE: GC 58140; amended by P.L. 13-187:261.