21 Guam Code Ann. § 104118
Terms Used In 21 Guam Code Ann. § 104118
- 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
COL 06112010
21 Guam Code Ann. REAL PROPERTY
CH. 104 REAL ESTATE REGULATIONS
Any real estate broker who assists another or others, or whose real estate salesmen assist another or others, for a compensation, in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the Territory or Federal Government shall report to the Commissioner the names and addresses of all persons he or his salesmen have assisted in filing applications for land owned by the Territory or Federal Government and the amount of compensation received from such persons. The report shall be filed quarterly within 10 days after the end of each calendar quarter.
SOURCE: GC § 58147.
§ 104119. Power of Commissioner to Prescribe Information in
Assistance Agreements.
The Commissioner may prescribe by regulation the information which shall be contained in contracts or other agreements by a real estate broker, or a real estate salesman, to assist another or others in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the Territory or Federal Government, including, but not limited to, information with regard to the services agreed to be performed and information with regard to the hazards which may prevent the person to be assisted in filing an application with the territory or Federal Government from ever receiving any Territorial or Federal Land under the application.
SOURCE: GC § 58148.