Ask a real estate law question, get an answer ASAP!
Thousands of highly rated, verified real estate lawyers.
Specialties include: All Real Estate Law, Landlord and Tenant Law, Foreclosure, Homeowners' Association, Trespassing, Property Law, General Legal and more.
Click here to chat with a lawyer about your rights.

Terms Used In 21 Guam Code Ann. § 104303

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Fraud: Intentional deception resulting in injury to another.
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Verdict: The decision of a petit jury or a judge.
COL 06112010
21 Guam Code Ann. REAL PROPERTY
CH. 104 REAL ESTATE REGULATIONS

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, misrepresentation or deceit, or by making any material misstatement of fact in an application for a real estate license.

(b) Entered a plea of guilty of nolo contendere to, or been found guilty of, or been convicted of, a felony or a crime involving moral turpitude, and the time of appeal has elapsed or the judgment of conviction has been affirmed on appeal, irrespective of an order granting probation following such conviction, suspending the imposition of sentence, or setting aside the verdict of guilty, or dismissing the accusation or information.

(c) Knowingly, authorized, directed, connived at or aided in the publication, advertisement, distribution, or circulation of any material false statement or representation concerning his business or any land or subdivision offered for sale.

(d) Willfully disregarded or violated any of the provisions of the Real Estate Law or the rules and regulations of the Commissioner for the administration and enforcement of the Real Estate Law.

(e) Willfully used the term Realtor or any trade name or insignia of membership in any real estate organization of which the licensee is not a member.
(f) Acted or conducted himself in a manner which would have warranted the denial of his application for a real estate license.

(g) Demonstrated negligence or incompetence in performing any act for which he is required to hold a license.

(h) If, as a broker licensee, failed to exercise reasonable supervision over the activities of his salesmen.
(i) Failed to pay when due a monetary penalty or forfeiture assessed by the Commissioner.
(j) Has used his employment by a governmental agency in a capacity giving access to records, other than public records, in such manner as to violate the confidential nature of such records.
(k) Any other conduct, whether of the same or of a different character than specified in this section, which constitutes fraud or dishonest dealing.

COL 06112010
21 Guam Code Ann. REAL PROPERTY
CH. 104 REAL ESTATE REGULATIONS

SOURCE: GC § 58183.