It shall be unlawful for any individual to engage in appraisal activity without first obtaining a real estate appraiser certification or license as provided in this Act. This Act shall not apply to a real estate broker or salesperson licensed by the government of Guam, (so long as federally insured financing is not involved), who in the ordinary course of his or her

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22 Guam Code Ann. BUSINESS REGULATIONS
CH. 30 REAL ESTATE APPRAISERS

business, gives a value of the prices of real estate or a government of Guam employee appraiser who assesses value of a property for real estate tax purposes. However, in no event may this evaluation be referred to or construed as an appraisal.

SOURCE: Amended by P.L. 27-115:13. Amended by P.L. 30-129:2 (Apr. 2, 2010).