One act of buying or selling real estate of or for another for a compensation or in expectation of a compensation, or offering for another to buy or sell or exchange real estate, or negotiating the purchase or sale or exchange of, or listing or soliciting prospective purchasers of real estate, or soliciting borrowers or lenders for or negotiating a loan on or leasing or renting or placing for rent real estate, or collecting rent therefrom, or, as other than an officer or employee of the Guam or Federal Government, assisting or offering to assist another or others, for compensation or in expectation of compensation, in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the Guam or Federal Government, constitutes the person performing such act a real estate broker or real estate salesman within the meaning of this Division. SOURCE: GC § 58135. 2026 NOTE: Reference to “Territory” replaced with “Guam” pursuant to 1 GCA § 420.
COL 2026-04-23