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Terms Used In 21 Guam Code Ann. § 68709

  • 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
The government of Guam shall reserve the right to cancel at any time, any lease executed hereunder if the lessee is not using the land for the purpose for which leased, unless good cause for such failure can be shown, except that no lease can be canceled without a hearing thereon pursuant to the provisions of the Administrative Adjudication Act.