Ask a real estate law question, get an answer ASAP!
Thousands of highly rated, verified real estate lawyers.
Specialties include: All Real Estate Law, Landlord and Tenant Law, Foreclosure, Homeowners' Association, Trespassing, Property Law, General Legal and more.
Click here to chat with a lawyer about your rights.

Terms Used In 21 Guam Code Ann. § 68901

  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • 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
(a) Commercial Leases, Dededo Buffer Strip. The Department of Land Management, with the approval of the Governor, after consultation with the Dededo Municipal Planning Council, is authorized to enter into commercial leases, not exceeding ten (10) years, for the use of that area of land between Marine Drive and the commercial business buildings, and situated between Harmon Loop and Y Sengsong Road, on the southern side of Marine Drive in the Municipality of Dededo, known as the Dededo Buffer Strip, for public parking and other purposes which improve surrounding existing business establishments adjacent to the Zone, upon such terms and conditions as are deemed reasonable and in the best interest of the government based upon a yearly rental of not more than twenty percent (20%) of the fair market value of the individual parcel being leased. Preference may be given to businesses immediately abutting the Buffer Strip, as identified by the Department. Each lease shall provide for beautification plans and projects to be implemented by the lessee with the approval of the Department of Parks and Recreation, and after consultation with the Dededo Municipal Planning Council.

(b) Vendor Permits.

COL2132017
21 Guam Code Ann. REAL PROPERTY
CH. 68 USE & DEVELOPMENT OF GOVERNMENT REAL PROPERTY

(1) Weekend Swap-Meet Vendors. The Mayor of Dededo, with the approval of the Department of Land Management, is authorized to issue vendor permits to individuals requesting to use as space no larger than sixteen feet by sixteen feet (16’X16′), herein designated as a Astall@, for weekend usage for a fee of $20.00. Permits may be issued for individual stalls established by the Municipal Council. Permits shall be issued for six months at a time, renewable upon approval of the Council. Vendors may be allowed to erect temporary structures for purposes of selling their goods, but shall be required to remove such structure daily; no permanent structure or building may be erected on individual stalls. Building permit requirements shall not apply for purposes of erecting temporary stalls. The Municipal Council may establish priority approval for residents of Dededo for weekend vendors who desire to sell used goods, or to barter, sell or swap household wares, goods, clothing, furniture or other new or used items.

(2) Pre-Existing Vendors. Non-commercial vendors who have, prior to the enactment of this law, engaged in the selling of locally grown agricultural produce, locally caught fish and other seafood may continue to operate at the present site at no charge, but shall be subject to an assigned area as designated by the Mayor of Dededo, and are required to keep the area assigned to them clear of trash, debris, solid waste and any other waste material, and maintain the area in a sanitary and clean manner.

(c) Earmarking Proceeds for Dededo and Yigo. All proceeds from such leases shall be earmarked for the exclusive use of the Dededo and Yigo Municipal Planning Councils (two-thirds (2/3) to Dededo and one-third (1/3) to Yigo). Such funds shall be spent by the respective Municipal Planning Councils for the benefit of the municipality pursuant to rules and regulations governing the use of such proceeds which are promulgated by the Municipal Planning Council within one hundred eighty (180) days of passage of this Act and adopted pursuant to the Administrative Adjudication Law. Prior to the adoption of such rules and regulations, the expenditure of such proceeds shall be approved by the respective Municipal Planning Council by majority vote. All proceeds under this Subsection (c) of § 68901 shall be deposited into the Dededo Municipal Planning Council Fund.

(d) Compliance with ADA Requirements. The Dededo Buffer Zone shall comply with the requirements of the Americans with Disabilities Act (‘ADA’) with regards to accessibility of facilities by persons with disabilities.

COL2132017
21 Guam Code Ann. REAL PROPERTY
CH. 68 USE & DEVELOPMENT OF GOVERNMENT REAL PROPERTY

The cost to bring the Buffer Zone into compliance and to maintain such compliance with the ADA shall be shared between the Dededo and Yigo Municipal Planning Councils based on the same percentage in which the Councils share in the Buffer Zone revenues under the provisions of Item (b) of this Section.

SOURCE: Added by P.L. 22-40 (9/28/93). Repealed by P.L. 23-45:IV:27. Added by P.L. 23-045:IV:28. Subsection (a) repealed and reenacted by P.L. 24-59:IV:5. Subsection (c) amended by P.L. 24-97:2 and P.L. 24-237:1. Subsection (d) added by P.L. 25-03:IV:28 as § 69901(d). Renumbered by Compiler.

NOTE: Added as § 26021, Title XXVII, Government Code. Changed by Compiler to
21 Guam Code Ann. § 68901. This change reflects the actual administration of the government lease by Department of Land Management by creating a new Article 9 within 21 Guam Code Ann., Chapter 68, Use and Development of Government and Other Land. The Government Code section would have put this section in Title 19, Department of Parks & Recreation, which does play a role in the leasing.

———-

ARTICLE 10
RITIDIAN POINT LAND