Guam § 45141 - Copy of Public Report to be Given to Prospective Purchaser.
Full text of Guam Guam Code Annotated § 45141 — Copy of Public Report to be Given to Prospective Purchaser., with citation guidance and answers to common questions.
§ 45141. Copy of Public Report to be Given to Prospective Purchaser.
The developer or any other person offering any unit in a condominium
project prior to completion of its construction shall not enter into a binding
contract or agreement for the sale or resale thereof until:
(a) A true copy of the Commission's final public report thereon with all
supplementary public reports, if any have been issued, has been given to the
prospective purchaser.
(b) The prospective purchaser has been given an opportunity to read
the reports, and (c) The prospective purchaser executes his receipt for
the reports.
Receipts taken for any public report shall be kept on file in possession
of the developer, subject to inspection at a reasonable time by the
Commission or its deputies, for a period of three (3) years from the date the
receipt was taken.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 45141
What does Guam Code Annotated § 45141 cover?
Section 45141 ("Copy of Public Report to be Given to Prospective Purchaser.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 45141?
A common citation format is "Guam Code Annotated § 45141" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 45141 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.