Guam § 86106 - What Contracts must be Written.

§ 86106. What Contracts must be Written.

The following contracts are invalid, unless the same, or some note or

memorandum thereof, is in writing and subscribed by the party to be

charged, or by his agent:

1. An agreement that by its terms is not to be performed within a

year from the making thereof;

2. A special promise to answer for the debt, default, or

miscarriage of another; except for the cases provided for in '31203 of

this Title [Promise to Answer for the Obligation of Another];

3. An agreement made upon consideration of marriage other than

a mutual promise to marry;

4. (Repealed)

5. An agreement for the leasing for a longer period than one year,

or for the sale of real property, or of an interest therein; and such

agreement, if made by an agent of the party sought to be charged, is

invalid, unless the authority of the agent is in writing, subscribed by

the party sought to be charged;

6. An agreement authorizing or employing an agent or broker to

purchase or sell real estate for compensation or a commission;

7. An agreement which, by its terms, is not to be performed

during the lifetime of the promisor, or an agreement to devise or be-

queath any property; or to make any provision for any person by will.