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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

COL 06112010
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.