Guam § 5304 - Preferences.
Full text of Guam Guam Code Annotated § 5304 — Preferences., with citation guidance and answers to common questions.
§ 5304. Preferences.
The Authority is authorized to develop and lease, for not longer than
ninety-nine (99) years, land and to sell improvements within any of the
subdivisions enumerated or established by this Article, in accordance
with the approved plan for the respective subdivisions. Such leases of
land shall be in accordance with the disposition policy established by the
Authority subject to the following preferences:
(a) First preference shall be given to a person or family who is
a bona fide resident or permanent resident alien who resided in the
respective municipalities or villages where the referenced
subdivisions are located prior to the enactment of this Article, and
who is without fee title to any developable real property of his own.
(b) Second preference shall be given to a person or family who
is without fee title to any developable real property who are bona
fide residents of Guam or permanent resident aliens.
Frequently Asked Questions About Guam § 5304
What does Guam Code Annotated § 5304 cover?
Section 5304 ("Preferences.") 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 § 5304?
A common citation format is "Guam Code Annotated § 5304" (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 § 5304 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.