21 Guam Code Ann. § 104407
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A renewal real estate salesman’s license is a real estate license issued to a person (1) who had a renewal real estate salesman’s license or a renewal broker’s license unrevoked or unsuspended within the one-year period immediately preceding the date of the application for such renewal license, or (2) who had become eligible for a renewal license during the preceding three (3) months under an original real estate salesman’s license, or (3) who
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21 Guam Code Ann. REAL PROPERTY
CH. 104 REAL ESTATE REGULATIONS
had failed to qualify for a renewal real estate broker’s license during the preceding three (3) months under an original real estate broker’s license, but who has satisfied all the requirements for a renewal salesman’s license pursuant to the provisions of § 104208.
SOURCE: GC § 58206.