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Terms Used In 21 Guam Code Ann. § 100117

  • 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
e term listing as used in this Division includes, but is not limited to: (a) A name, or a list of the names, of the owners, landlords,
exchangers, or lessors, or the location or locations, or property, or of an interest in property, offered for rent, sale, lease or exchange.

(b) A name, or a list of the names, or the location or locations at which prospective or potential purchasers, buyers, lessees, tenants or changers of property may be found or contacted.
(c) An agreement by which a person who is engaged in the business of promoting the sale or lease of business opportunities or real estate agrees to render to an owner or lessee of such property any services, to promote the sale or lease of said property.

(d) An agreement by which a person who is engaged in the business of finding, locating or promoting the sale or lease of business opportunities or real estate, agrees to circularize, notify or refer business opportunities or real estate brokers or salesmen, or both, to said property which is offered for sale or lease.
SOURCE: GC ‘58016.

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