(a) Each real estate broker shall maintain a fixed office within the Virgin Islands which must be designated on the license. The fixed office may also be the residence of the real estate broker, subject to approval by the Department of Planning and Natural Resources and the Virgin Islands Fire Services. The license of a real estate broker and the license of each sales associate in the employ of or under contract with a real estate broker must be prominently displayed in the office.
(b) If a real estate broker maintains more than one place of business within the Virgin Islands, he shall apply for and obtain an additional license for each branch office so maintained by him.
(c) Whenever a real estate broker changes the location of the place of business or discontinues the business, the real estate broker shall notify the Commission in writing not later than 15 days after the event and return the license to the Commission. If there is a change of office location, the licensee shall apply to the Commission designating the new location of his office.