GuamBill No. 77-38 (COR)38th Guam Legislature (2025-2026)legislatureWALLET

AN ACT TO ADD A NEW § 104116.1 TO ARTICLE 1 OF CHAPTER 104 OF TITLE 21, GUAM CODE ANNOTATED RELATIVE TO CLARIFYING REAL ESTATE BROKERAGE AGREEMENTS.

Sponsored By: Telo T. Taitague (Republican)

Became Law

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Clear pay and cancellation in broker contracts

Brokerage contracts must include clear terms on pay, timing, and cancellation. For sellers or landlords, the contract must show a firm start and end date that take effect without more notice. It must state the broker’s pay, if others can pay or share it, when a commission is earned, and how either side can cancel. For buyers or renters, the contract must show start and end dates. It must state the broker’s pay, if someone else may pay some or all of it, your rights and duties about that pay, when a commission is earned, and how either side can cancel.

Written real estate agreement before work

The law requires a written agreement with a licensed real estate broker or salesperson before services start. The broker must give you a signed copy within three (3) business days of signing. The brokerage must keep the original agreement and all electronic files.

Sponsors & Cosponsors

Sponsor

  • Telo T. Taitague

    Republican • legislature

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

legislature vote 10/3/2025

Floor Vote

Yes: 0 • No: 0

Actions Timeline

  1. Referred to committee

    3/5/2025legislature
  2. Referred to committee

    3/5/2025legislature
  3. Introduced as Bill No. 77-38 (COR)

    3/5/2025legislature
  4. Enacted into law

    Governor
  5. Transmitted to Governor

    legislature
  6. Committee report filed

    legislature

Bill Text

  • Introduced

    3/5/2025

  • Committee Report

  • Enrolled (Public Law)

  • Transmittal

Related Bills

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