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Terms Used In 14 Guam Code Ann. § 2411

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
th respect to a consumer credit sale or consumer lease the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to give a rebate of discount or otherwise pay or offer to pay value to the buyer or lessee in consideration of his giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount or other value is contingent upon the

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14 Guam Code Ann. UNIFORM CONSUMER CREDIT CODE
CH. 2 CREDIT SALES

occurrence of an event subsequent to the time the buyer or lessee agrees to buy or lease.