Title 21 — Real Property

License: Notice of Change of Business Location. (a) Every licensed real estate broker shall have and maintain a definite place of business in Guam which shall serve as his office for the transaction of business. This office shall be the place where his license is displayed and wh…

If the applicant for a real estate broker’s license maintains more than one place of business within Guam he shall apply for and procure an additional license for each branch office so maintained by him. Every such application shall state the name of the person and the location o…

Each real estate broker shall erect and maintain a sign in a conspicuous place on the premises to indicate that he is a licensed real estate broker and his name shall be clearly shown thereon. The size and place of the sign shall conform to regulations that may be adopted by the …

For a violation of any of the provisions of §§ 104224, 104225, 104228, and 104230, the Commissioner may temporarily suspend or permanently revoke the license of the real estate licensee in accordance with the provisions of this Division relating to hearing. SOURCE: GC § 58180. CO…

Upon grounds provided in this Article and the other Articles of this Chapter, the license of any real estate licensee may be revoked or suspended in accordance with the provisions of this Chapter relating to hearings. SOURCE: GC § 58181.

Licenses. The Commissioner may, upon his own motion, and shall, upon the verified complaint in writing of any person, investigate the actions of any person engaged in the business or acting in the capacity of a real estate licensee within Guam, and he may temporarily suspend or p…

The Commissioner may suspend or revoke the license of any real estate licensee, or may deny the issuance of a license to an applicant, who has done any of the following: (a) Procured, or attempted to procure, a real estate license for himself or any salesman, by fraud, misreprese…

Grounds of Fraud, Misrepresentation or Deceit. When a final judgment is obtained in a civil action against any real estate licensee upon grounds of fraud, misrepresentation, or deceit with reference to any transaction for which a license is required under this Division, the Commi…

Adjudication of Insanity or Incompetency. The Commissioner may revoke or suspend the license of a real estate licensee committed or adjudged insane, mentally ill or incompetent under the laws of Guam or by any federal court of competent jurisdiction, at any time until a subsequen…

Employer’s License for Failure to Notify Commissioner. When any real estate salesman is discharged by his employer for a violation of any of the provisions of this Article prescribing a ground for disciplinary action, a certified written statement of the facts with reference ther…

No violation of any of the provisions of this Division relating to real estate by any real estate salesman or employee of any licensed real estate broker shall cause the revocation or suspension of the license of the employer of the salesman or employee unless it appears on a hea…

The Commissioner may deny, suspend, or revoke the real estate license of a corporation as to any officer or agent acting under its license, and the real estate license of a co-partnership as to any member acting under its license, without revoking the license of the corporation o…

As a condition to the reinstatement of a revoked or suspended license, the Commissioner may require the applicant to take and pass a qualifying examination. SOURCE: GC § 58189. COL 2026-04-23

Salesmen. All records, books and accounts of a real estate broker or salesman as defined in this Division whether or not actually so licensed shall, upon the appearance of sufficient cause, be subject to inspection and audit by the Commissioner or his designated representative. S…

(a) All real estate license fees shall be payable in advance of issuing the licenses and at the time of filing the application. (b) Unless otherwise provided, all licenses expire at midnight of the last day of the period for which issued. SOURCE: GC § 58200. COL 2026-04-23 2026 N…

Period of Limitations Where Delay Due to Mistake, Etc . (a) Notwithstanding any other provision of this Division, the holder of a renewal license who fails to renew it prior to the expiration of the period for which it was issued and who has otherwise qualified for such license, …

The definitions contained in this Article are solely for the purposes of this Article. SOURCE: GC § 58202.

An “original real estate broker’s license” is a real estate license issued to a person who did not have a renewal real estate broker's license within the one- year period immediately preceding the date of the application for such license, or who had failed to become eligible for …

A “renewal real estate broker’s license” is a real estate license issued to a person who had a renewal real estate broker’s license, unrevoked or unsuspended, within the one-year period immediately preceding the date of the application for such renewal license, or who had become …

An “original real estate salesman’s license” is a real estate license issued to a person who did not have a renewal real estate salesman’s license within the one-year period immediately preceding the date of the application for such license, or who had failed to become eligible f…

A “renewal real estate salesman’s license” is a real estate license issued to a person (a) who had a renewal real estate salesman’s license or a renewal broker’s license unrevoked or unsuspended within the one-year period immediately preceding the date of the application for such…

All renewal real estate broker’s licenses and renewal real estate salesman’s licenses shall he issued for periods of four (4) years. SOURCE: GC § 58207.

The amount of the real estate fees prescribed for a license under this Chapter is that fixed by the following provisions of this Article. No part of any fee paid in accordance with the provisions of this Chapter is refundable. It is deemed earned by the department upon its receip…

The original real estate broker’s license fee is Two Hundred Dollars ($200.00) for a two (2) year period. SOURCE: GC § 58209. Amended by P.L. 29-002:V:I:71 (May 18, 2007).

(a) The original real estate broker’s license fee is payable at the time of the filing of an application for an original real estate broker’s license. (b) If the applicant fails to pass the required written examination, he may be permitted to take another examination upon filing …

The restricted broker’s license fee is One Hundred Dollars ($100.00) for a one (1) year period. SOURCE: GC § 58211. Amended by P.L. 29-002:V:I:73 (May 18, 2007).

The renewal real estate broker’s license fee is Four Hundred Dollars ($400.00) for a four (4) year period. SOURCE: GC § 58212. Amended by P.L. 29-002:V:I:74 (May 18, 2007). COL 2026-04-23

If the licensee is a corporation, the license issued to it entitles one officer thereof, on behalf of the corporation, to engage in the business of real estate broker without the payment of any further fee, such officer to be designated in the application of the corporation for a…

If the licensee is a copartnership, the license issued to it entitles one member only of the copartnership to engage on behalf of the copartnership in the business of real estate broker, which member shall be designated in the application of the copartnership for a license. for e…

The original real estate salesman’s license fee is One Hundred Dollars ($100.00) for a two (2) year period. SOURCE: GC § 58215. Amended by P.L. 29-002:V:I:75 (May 18, 2007).

Fee. An original real estate salesman’s license fee is payable on filing an application for an original real estate salesman’s license. If the applicant fails to pass the required written examination, he may be permitted to take another examination upon filing a request to the De…

The restricted salesman’s license fee is Fifty Dollars ($50.00) for a one (1) year period. SOURCE: GC § 58217. Amended by P.L. 29-002:V:I:77 (May 18, 2007).

The renewal real estate salesman’s license fee is Two Hundred Dollars ($200.00) for a four (4) year period. SOURCE: GC § 58218. Amended by P.L. 29-002:V:I:78 (May 18, 2007).

The limited real estate salesman’s license fee is Fifty Dollars ($50.00) for a one hundred twenty (120) day period. SOURCE: GC § 58219. Amended by P.L. 29-002:V:I:79 (May 18, 2007). COL 2026-04-23

For a branch office broker’s license the fee is Fifty Dollars ($50.00). SOURCE: GC § 58220. Amended by P.L. 29-002:V:I:80 (May 18, 2007).

For change of name or of address of license on the records of the Department, the fee is Twenty-five Dollars ($25.00). SOURCE: GC § 58221. Amended by P.L. 29-002:V:I:81 (May 18, 2007).

For transfer of a salesman’s license on change of employer, the fee is Twenty-five Dollars ($25.00). SOURCE: GC § 58222. Amended by P.L. 29-002:V:I:82 (May 18, 2007).

For a duplicate license the fee is Twenty-five Dollars ($25.00). SOURCE: GC § 58223. Amended by P.L. 29-002:V:I:83 (May 18, 2007).

(a) For reinstatement of a license within a licensing period or at the time of renewal the fee is Twenty- five Dollars ($25.00). (b) As used in this Section, “reinstatement of a license” means the re-issuance of a canceled or inactivated real estate broker’s license or the re-iss…

[Repealed.] SOURCE: GC § 582245. Repealed by P.L. 29-002:V:I:85 (May 18, 2007).

There are hereby authorized to be appropriated such sums as are necessary for the implementation of the provisions of this Act. SOURCE: GC § 58226. ---------- COL 2026-04-23