(a) To be eligible for licensure as a real estate broker or sales associate, an applicant must:(1) attain the age of 21 for a Real Estate Broker License, or attain the age of 18 for a Sales Associate;(2) be a citizen of the United States or a lawful permanent resident;(3) be a resident of the Territory for 90 consecutive days before the date of application;(4) be a high school graduate or the holder of a high school equivalency certificate;(5) have successfully completed the education requirements prescribed by the Commission’s regulations;(6) have passed any examination as required by the Commission’s regulations;(7) have not had an application for a license under this chapter denied for reasons other than failure to pass the required examination(s) under this chapter;(8) have not had a real estate license suspended in the Territory or elsewhere, which suspension is still in effect on the date on which the application is filed; and(9) have not had a real estate license revoked in the Territory or elsewhere within three years before the date on which the application is filed.
(1) attain the age of 21 for a Real Estate Broker License, or attain the age of 18 for a Sales Associate;
(2) be a citizen of the United States or a lawful permanent resident;
(3) be a resident of the Territory for 90 consecutive days before the date of application;
(4) be a high school graduate or the holder of a high school equivalency certificate;
(5) have successfully completed the education requirements prescribed by the Commission’s regulations;
(6) have passed any examination as required by the Commission’s regulations;
(7) have not had an application for a license under this chapter denied for reasons other than failure to pass the required examination(s) under this chapter;
(8) have not had a real estate license suspended in the Territory or elsewhere, which suspension is still in effect on the date on which the application is filed; and
(9) have not had a real estate license revoked in the Territory or elsewhere within three years before the date on which the application is filed.
(b) For a real estate broker applicant, the Commission shall require proof that the applicant has actively participated in the general real estate brokerage business in the Virgin Islands as a licensed sales associate for a period of not less than two years or has had experience as a real estate broker, or the equivalent title in the real estate business, outside of the Territory for a period of at least two years; which must be established by affidavit sworn to under oath or other and further proof required by the Commission.
(c) A sales associate must be sponsored by a licensed real estate broker after passing the written examination in subsection (a)(5) before the Commission may issue a Sales Associate license.