{"data":{"id":"us-gu/21-gca-47302","jurisdiction":"us-gu","citation":"21 GCA § 47302","heading":"Escrow of Deposits.","body":"Any deposit made in connection with the purchase or reservation of a time-share interval from a developer must be placed in escrow and held in this Territory in an account designated solely for the purpose, in an institution whose accounts are insured by a governmental agency or instrumentality until (a) delivered to the developer at the expiration of the time for rescission or any later time specified in any contract of sale; (b) delivered to the developer because of the purchaser's default under a contract to purchase the time-share interval; or (c) refunded to the purchaser.","path":["Title 21: Real Property","Division 1 - Ownership of Real or Immovable Property","Chapter 47: Time-Share Ownership","ARTICLE 3: PROTECTION OF PURCHASERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/21gc047.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T04:12:18Z","sha256":"df37d600d8d25593103f27ba0b6eb5b648bf109f06dac551f589e7d687961d1d","source_id":"us-gu","stale":false,"prev":"us-gu/21-gca-47301","next":"us-gu/21-gca-47303"},"notice":"GroundRules: Original legal text. Not legal advice."}
