21 Guam Code Ann. § 60112
Terms Used In 21 Guam Code Ann. § 60112
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) Notwithstanding any other provisions of law, the
COL 7/27/2023
21 Guam Code Ann. REAL PROPERTY
CH. 60 LAND MANAGEMENT
government of Guam, its various departments and agencies, including autonomous or semiautonomous agencies, shall not purchase or enter into a lease, license, or sub-lease of property owned by the federal government, foreign governments, or subentities thereof, for a term in excess of five (5) years, without the prior approval of I Liheslatura (the Legislature) by duly enacted legislation, which specifically authorizes a particular sale, lease, license, or sub-lease.
(c) This Section shall not apply to the Land for the Landless Program, or residential leases, subsistence agricultural leases and subsistence aquaculture leases by the Chamorro Land Trust Commission pursuant to its rules and regulations, but shall apply to any transfer to the federal government or any agent of the federal government of land owned in the name of the government of Guam, including, but not limited to, its autonomous agencies, public corporations, the Chamorro Land Trust Commission, and the Guam Ancestral Lands Commission.
SOURCE: Added as uncodified law by P.L. 12-061:3 (Nov. 27, 1973). Amended by P.L. 12-226:3 (Feb. 4, 1975), P.L. 15-131:3 (June 28, 1980) and P.L. 15-133:2 (July 2, 1980). Codified as GC § 13008 by P.L. 18-
032:14 (Apr. 24, 1986). Amended by P.L. 30-021:4 (May 1, 2009), P.L.
30-148:1 (May 17, 2010), P.L. 33-078:2 (Sept. 15, 2015). P.L. 37-009:2 (Apr. 27, 2023) added a new subsection (b) and renumbered existing provision to subsection (c).
2017 NOTE: Subsection designations added pursuant to the authority of 1
GCA § 1606.