Title 21, Real Property

Every real estate licensee who attempts to negotiate a rental or who furnishes rental information to a prospective tenant for a fee paid by said prospective tenant shall give every such prospective tenant a contract or receipt, and in such contract or receipt shall undertake to r…

by the Guam or Federal Government. Any real estate broker who assists another or others, or whose real estate salesmen assist another or others, for a compensation, in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the Guam or …

Agreements. The Commissioner may prescribe by regulation the information which shall be contained in contracts or other agreements by a real estate broker, or a real estate salesman, to assist another or others in filing an application for the purchase or lease of, or in locating…

(a) Each broker shall maintain a separate bank checking account in Guam which shall be designated a trust account in which all down payments, earnest money deposits, or other trust funds received by him, his associate brokers or his salesmen on behalf of his principal or any othe…

Each broker, associate broker, or salesman that violates the provisions of § 104120 of this Chapter, or commingles funds that should be in trust funds with other funds, or fails to deposit into a trust account any down payment, earnest money deposit, or other funds that should be…

Prior to commencement of brokerage services, a written real estate brokerage agreement must be entered into between a real estate brokerage represented by a licensed real estate broker or licensed real estate salesman, and a real estate seller, lessor, buyer, or lessee. The broke…

Application for license as a real estate broker shall be made in writing to the Commissioner. The application shall be accompanied by the original real estate broker’s license fee and by the recommendation COL 2026-04-23 of two real estate owners on Guam, certifying that the appl…

Licenses of Non-citizens. The Commissioner shall not grant an original real estate broker’s license to any person who is not a citizen of the United States. This section shall not affect the right of a non-citizen now holding a real estate broker’s license to renewal or reinstate…

The Real Estate Commission shall not issue a real estate broker’s license to any person who has not held an original real estate salesman’s license for at least two (2) years prior to the date of his application for the broker’s license, and during such time was not actively enga…

Application for license as a real estate salesman shall be made in writing to the Commissioner. The applications shall be signed by the applicant, and shall be accompanied by the real estate salesman’s license fee; and by the recommendation of the broker, who is to be the applica…

The Commissioner may require such other proof as the Commissioner may deem advisable concerning the honesty, truthfulness and good reputation of any applicant for a real estate license, or of the officers of any corporation, or of the members of any co-partnership making such app…

In addition to the proof of honesty, truthfulness and good reputation required of any applicant for a real estate license, the Commissioner shall ascertain by written examination that the applicant, and in case of a co-partnership or corporation applicant, for a real estate broke…

All original real estate licenses issued by the Commissioner shall be for a period of two (2) years and the holder thereof shall not become eligible for a renewal real estate license until one has successfully completed the Continuing Education Requirement outlined in § 104209 of…

(a) Any time prior to renewal of an original broker’s license, the broker must satisfactorily furnish the evidence of successful completion of an additional ninety (90) classroom hours of study selected among the following: (1) real estate practice; (2) real estate appraisal; (3)…

Any time prior to renewal of an original license the salesperson must satisfactorily furnish evidence of successful completion of an additional forty-five (45) classroom hours of study in § 104208 (a)(1) or (2). Thereafter, all salesperson renewals should be for a period of four …

The Real Estate Commissioner may allow for substitution of the clock hour requirements, if the Commissioner makes a determination that the individual is otherwise and similarly qualified by reason of completion of equivalent educational coursework in any accredited institution of…

Upon the making of a written application and the payment of the fee for a limited real estate salesman’s license, the Commissioner may issue the license to the applicant before completing his investigation into the applicant’s honesty. truthfulness and good reputation when the ap…

License. A limited real estate salesman’s license does not confer any property right in the privileges to be exercised thereunder, and the Commissioner may revoke or suspend such license without a hearing. Such license shall be issued for a period not to exceed one hundred twenty…

(a) The Commissioner may, in his discretion, waive the examination of any applicant for a real estate broker's license who held an unrevoked or unsuspended renewal real estate broker’s license, within the one- year period immediately preceding the date of the application for such…

An application on the form prescribed by the Commissioner for the renewal of a license, filed before midnight of the last day of the period for which a previous renewal license was issued, or midnight of the expiration date of an original license under which the bolder has been n…

The Commissioner may issue a restricted license to a person who is applying for a license under this Chapter, who has met the examination and experience requirements, but who has been found by the Commissioner after a hearing not to have made a satisfactory showing that be meets …

Restriction. A restricted license issued pursuant to § 104216 as the Commissioner in his discretion finds advisable in the public interest may be restricted: (a) By term. (b) To employment by a particular real estate broker, if a salesman. (c) By conditions to be observed in the …

Revocation: Necessity For Hearing. (a) A restricted license issued pursuant to § 104216 does not confer any property right in the privileges to be exercised thereunder, and the bolder of a restricted license does not have the right to renewal of such license. (b) The Commissioner…

Bond. As one of the conditions to the issuance of a restricted license authorized by § 104216 the Commissioner may require the filing of surety bonds in such form and condition as be may require in respect to the restricted licensee for the protection of persons or classes of per…

No real estate license gives authority to do any act specified in this Chapter to any person, other than the person to whom the license is issued. SOURCE: GC § 58168.

Members. When a real estate license is issued to a corporation, if it desires any of its officers other than the officer designated by it pursuant to § 104414, to act under its license as a real estate broker, it shall procure an additional license to so employ each of such addit…

Corporation or Partnership. Each officer of a corporation through whom it is licensed to act as a real estate broker, and each member of a co-partnership through whom it is licensed to act as a real estate broker, is, while so employed under such license, a licensed real estate b…

Every person applying for a license under this Chapter who desires to have such license issued under a fictitious name shall file with his application a certified copy of the entry of the Director made pursuant to the provisions of 18 GCA Chapter 26 (Fictitious Names). SOURCE: GC…

(a) The real estate licenses of both broker and salesman shall be prominently displayed in the office of the real estate broker. (b) The real estate salesman's license shall remain in the possession of the licensed real estate broker employer until canceled or until the salesman …

Employ: Reinstatement. Immediately upon the real estate salesman’s withdrawal from the employ of the real estate broker, the real estate broker shall return the real estate salesman’s license to the Commissioner for cancellation. A license canceled but not suspended or revoked ma…

When the holder of a real estate broker’s or salesman’s license relinquishes his/her license to assume an office in the Guam or Federal government, he/she may have it reinstated at any time within six (6) months of termination of his service in office upon payment of the appropri…

Place of Business or Sign Not Required. (a) A licensed real estate broker or salesman may request that his license be inactivated. The Commissioner shall thereupon issue to such person an inactive license certificate. This inactive license certificate may consist of the license i…

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…