Guam § 4904 - Definitions.
Full text of Guam Guam Code Annotated § 4904 — Definitions., with citation guidance and answers to common questions.
§ 4904. Definitions.
For purposes of this Act, the following words and phrases
are defined to mean:
(a) “Affordable housing unit” shall mean a single
family dwelling unit inclusive of land, built in accordance
with the Uniform Building Code or its successor codes as
adopted by Chapter 67 of Title 21, Guam Code Annotated,
and in consonance with the Guam zoning and subdivision
laws whose selling price meets the criteria set forth in the
Guam Economic Development Authority Rules and
Regulations pertaining to “affordable housing” adopted
pursuant to Public Law Number 24-266.
(b) “Corporation” shall mean the Guam Housing
Corporation created pursuant to § 4101 of Title 12 of the
Guam Code Annotated.
(c) “Residence” shall mean a single family home, a
condominium housing unit or a housing unit owned by a
cooperative housing cooperation.
(d) “Seller” shall mean the party to the lease-to-own
contract who is the seller of the residence.
(e) “Tenant-Purchaser” shall mean the prospective
person who is a party to the lease-to-own contract.
Frequently Asked Questions About Guam § 4904
What does Guam Code Annotated § 4904 cover?
Section 4904 ("Definitions.") 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 § 4904?
A common citation format is "Guam Code Annotated § 4904" (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 § 4904 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.