(a) No person shall maintain an action in any court of the Virgin Islands for the recovery of a commission, fee, or compensation for any act done, the doing of which is prohibited under this chapter by other than a licensed real estate broker sales associate, unless such person was licensed hereunder as a real estate broker or sales associate at the time of the doing of the act.
(b) (1) Except as otherwise provided in this chapter, it is unlawful for any person to engage, or attempt to engage, either directly or indirectly, in the business of, or act in the capacity of, real estate broker or sales associate, temporary or otherwise, and no person may advertise or represent themselves as being authorized to act as a real estate broker or sales associate, or to engage in an activity regulated by this chapter without a license. No person licensed under this chapter may engage in any activity beyond the scope of their respective license.(2) Any person who, after a hearing, is found by the Commission to have unlawfully engaged, or attempted to engage, in a real estate transaction regulated by this chapter, or any person who knowingly assisted a person to unlawfully engage in such practice, is subject to a fine imposed by the Commission of not more than $10,000 for each offense.
(1) Except as otherwise provided in this chapter, it is unlawful for any person to engage, or attempt to engage, either directly or indirectly, in the business of, or act in the capacity of, real estate broker or sales associate, temporary or otherwise, and no person may advertise or represent themselves as being authorized to act as a real estate broker or sales associate, or to engage in an activity regulated by this chapter without a license. No person licensed under this chapter may engage in any activity beyond the scope of their respective license.
(2) Any person who, after a hearing, is found by the Commission to have unlawfully engaged, or attempted to engage, in a real estate transaction regulated by this chapter, or any person who knowingly assisted a person to unlawfully engage in such practice, is subject to a fine imposed by the Commission of not more than $10,000 for each offense.
(c) Any person who wilfully violates or knowingly participates in the violation of subsection (b) or any of the provisions of section 429 or any regulations issued thereunder shall be guilty of a misdemeanor punishable by a fine not to exceed $10,000 or by imprisonment not to exceed six months, or by a fine and imprisonment.