Terms Used In 5 Guam Code Ann. § 655406

  • Contract: A legal written agreement that becomes binding when signed.
No contract may be cancelled until after the Department has given notice of, and has held, a public hearing on the matter. Notice of the hearing shall be published in a newspaper of general circulation for ten days prior to such hearing, and shall be mailed to each and every owner of land under contract, and any portion of which is situated within the same agricultural preserve and within one mile of the exterior boundary of the land upon which the contract is proposed to be cancelled.

SOURCE: GC § 12527.