Same: Time Period

12 GCA § 5407 — under Guam Housing and Urban Renewal Authority.

12 GCA § 5407

The sale of lots shall begin as soon as practicable after the close of the application period. After determination of eligibility, each applicant shall, prior to the expiration of a time set by the Authority, make arrangement to purchase his lot. The Authority shall time the expiration of the application period and the other time periods involved in such a

COL4122017

manner that contracts for sale of all lots will have been entered into by the estimated date of completion for the subdivision. SOURCE: GC § 13946, as added by P.L. 14-138.