Guam § 5411 - Rules.

§ 5411. Rules.

(a) The Board shall promulgate reasonable rules and regulations,

pursuant to the Administrative Adjudication Law, to effect the purpose

of this Chapter, which regulations shall include requirements that:

(1) the grantee(s) must personally occupy the property

conveyed and not lease it to others;

(2) the property may not be conveyed by the grantee(s) to a

third party, except that a mortgage to a bona fide lending institution

or a non-profit corporation organized under the laws of Guam that

has been approved by GHURA to secure funds to construct a

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residence on the property shall not be a violation of such rule, even

if such mortgage is foreclosed; and

(3) each deed of conveyance shall contain a right of reverter

clause to the Authority in the event such regulations are violated.

(b) Exception. Notwithstanding any law, rule or regulation to the

contrary, the Board is authorized to grant an exception to the As Tumbo

Subdivision or other Guam Housing and Urban Renewal Authority

(GHURA) Subdivisions program requirements to allow a grantee(s) to

lease conveyed property temporarily while receiving extended

rehabilitative or life threatening medical treatment off island. GHURA

shall promulgate any rules, regulations, and/or procedures to effectuate

this act, including provisions to document and verify that treatment as

certified by two (2) licensed physicians is not available on island and that

the off island treatment has been scheduled through the Administrative

Adjudication Law. Additionally, the grantee(s) shall report to the Board

periodically on the status of their treatment. Within sixty (60) days after

enactment of this Act, the GHURA Board shall develop and submit the

rules and regulations required under this Section pursuant to the

Administrative Adjudication Law.

(c) Notwithstanding any law, rule or regulation to the contrary, any

grantee who is permitted the construction of a duplex dwelling in the

conveyed property in the Subdivision is hereby authorized to rent or

lease one (1) unit of the duplex dwelling to a third party. The Authority

may establish and provide a list of prospective lessees pursuant to this

Subsection who qualify as low or moderate income families.