Guam § 60112 - Legislative Approval Required.

§ 60112. Legislative Approval Required.

(a) Notwithstanding any other provisions of law,

government-owned real property shall not be sold, leased, sub-

leased, exchanged or otherwise transferred without the prior

approval of I Liheslatura (the Legislature) by duly enacted

legislation, which specifically authorizes a particular sale, lease,

exchange or transfer, and includes the real property description of

the government-owned real property with particularity, and a

Department of Land Management recorded map showing the

alienated parcel and the remaining parcel of the original lot.

(b) Notwithstanding any other provisions of law, the

government of Guam, its various departments and agencies,

including autonomous or semiautonomous agencies, shall not

purchase or enter into a lease, license, or sub-lease of property

owned by the federal government, foreign governments, or

subentities thereof, for a term in excess of five (5) years, without

the prior approval of I Liheslatura (the Legislature) by duly

enacted legislation, which specifically authorizes a particular sale,

lease, license, or sub-lease.

(c) This Section shall not apply to the Land for the Landless

Program, or residential leases, subsistence agricultural leases and

subsistence aquaculture leases by the Chamorro Land Trust

Commission pursuant to its rules and regulations, but shall apply

to any transfer to the federal government or any agent of the

federal government of land owned in the name of the government

of Guam, including, but not limited to, its autonomous agencies,

public corporations, the Chamorro Land Trust Commission, and

the Guam Ancestral Lands Commission.