(a) In addition to any other powers and duties that may be provided by law, the Commission shall administer the provisions of this chapter, except as otherwise specifically provided, and without limitation on the generality of the foregoing shall have the powers and duty to—(a) adopt an official seal;(b) employ counsel, hear testimony and receive evidence, subpoena documents and witnesses as it relates to resolving matters within the Commission’s jurisdiction, and administer oaths;(c) conduct all proceedings and maintain records in accordance with the Virgin Islands Code and federal regulations related to administrative procedures;(d) examine and recommend the issuance, suspension, revocation or reinstatement of licenses under this chapter;(e) submit to the Governor through the Commissioner an annual report containing a summary of its work, a register of all persons licensed under the provisions of this chapter, and such other data as the Governor or the Commissioner may request or as may be deemed proper by the Commission;(f) adopt, amend and repeal bylaws and promulgate regulations not inconsistent with the provisions of this chapter relating to the organization and operation of the Commission and the licensing under this chapter of real estate brokers and real estate sales associates. The regulations, which must be promulgated in accordance with title 3, chapter 35 of the Virgin Islands Code, must also establish the scopes of practice for each license category and set standards for professional practice and continuing education requirements;(g) maintain and publish, either in print or electronically, a current list of all persons holding a license issued under this chapter;(h) adopt a professional code of ethics consistent with industry standards;(i) Except as provided in 27 V.I.C. § 430, set reasonable fees for services provided by the Commission at the rates sufficient to cover operating expenses incurred by the Commission in carrying out its functions; and(j) recommend to the Attorney General of the Virgin Islands prosecutions or the bringing of civil actions to seek injunctions and other relief against violations of this chapter outside the jurisdiction of the Commission.
(a) adopt an official seal;
(b) employ counsel, hear testimony and receive evidence, subpoena documents and witnesses as it relates to resolving matters within the Commission’s jurisdiction, and administer oaths;
(c) conduct all proceedings and maintain records in accordance with the Virgin Islands Code and federal regulations related to administrative procedures;
(d) examine and recommend the issuance, suspension, revocation or reinstatement of licenses under this chapter;
(e) submit to the Governor through the Commissioner an annual report containing a summary of its work, a register of all persons licensed under the provisions of this chapter, and such other data as the Governor or the Commissioner may request or as may be deemed proper by the Commission;
(f) adopt, amend and repeal bylaws and promulgate regulations not inconsistent with the provisions of this chapter relating to the organization and operation of the Commission and the licensing under this chapter of real estate brokers and real estate sales associates. The regulations, which must be promulgated in accordance with title 3, chapter 35 of the Virgin Islands Code, must also establish the scopes of practice for each license category and set standards for professional practice and continuing education requirements;
(g) maintain and publish, either in print or electronically, a current list of all persons holding a license issued under this chapter;
(h) adopt a professional code of ethics consistent with industry standards;
(i) Except as provided in 27 V.I.C. § 430, set reasonable fees for services provided by the Commission at the rates sufficient to cover operating expenses incurred by the Commission in carrying out its functions; and
(j) recommend to the Attorney General of the Virgin Islands prosecutions or the bringing of civil actions to seek injunctions and other relief against violations of this chapter outside the jurisdiction of the Commission.