Title 27 — Professions and Occupations
22 chapters · 534 sections in this title.
27 V.I.C. § 432 Short title
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This chapter shall be known and may be cited as the “Real Estate Appraiser Licensing and Certification Act”.
27 V.I.C. § 433 Definitions
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(1) As used in this chapter, unless the context requires a different construction, application or meaning:(1) “Analysis” means a study of real estate or real property other than one estimating value;(2) “Appraisal” or “real estate appraisal” means an analysis, opinion, or conclus…
27 V.I.C. § 434 Real Estate Appraisers Board; membership; duties
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(a) There is hereby created the Virgin Islands Real Estate Appraisers Board consisting of seven members, appointed by the Governor with the advice and consent of the Legislature. The Board shall be under the Department of Licensing and Consumer Affairs for administrative purposes…
27 V.I.C. § 435 Licensed or certified real estate appraisers
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(a) Any person desiring to act as a licensed or certified real estate appraiser must file an application for a license as a real estate appraiser or certified real estate appraiser with the Board. The Board shall charge an application fee to be set by the Board pursuant to rules …
27 V.I.C. § 436 Temporary, reciprocal and renewal licenses
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(a) Temporary licenses or certifications for such time as determined by the Board, may be awarded by the Board to nonresident appraisers who:(1) are licensed or certified in another state whose requirements have not resulted in a finding of “Poor” by the Appraisal Subcommittee an…
27 V.I.C. § 437 Provisional real estate appraiser's license [Repealed]
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27 V.I.C. § 437 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
27 V.I.C. § 438 Education classes
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(a) In making its determination with respect to the courses of study required by this chapter, the Board shall give weight to courses which teach the following:(1) Appropriate knowledge of technical terms commonly used in or related to real estate appraising and appraisal report …
27 V.I.C. § 439 Residency requirements; license requirements
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(a) Every applicant for licensure or certification under this chapter, who is not a resident of the Virgin Islands, shall submit with the application for licensure or certification, an irrevocable consent that service of process upon the applicant may be made by the delivery of t…
27 V.I.C. § 440 Examination; license renewal; inactivity
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(a) The Board shall administer an examination to all applicants for licensure as a “Licensed Real Estate Appraiser” or “Certified Real Estate Appraiser”. The Board shall collect an examination fee set by the Board, and an investigation fee if necessary. If an applicant fails to p…
27 V.I.C. § 441 Denial; appeal
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(a) If the Board, after an application in proper form has been filed with it, accompanied by the proper fee, shall deny the applicant a license or certification, the Board shall provide for a hearing for such applicant in accordance with rules and regulations issued by the Board.…
27 V.I.C. § 442 Change of residency
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If an appraiser changes a residence or place of business address, such appraiser shall notify the Board, in writing, within 21 days of such change.
27 V.I.C. § 443 Maintaining an action
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(a) After December 31, 1992, no person engaged in the business of real estate appraisal activity in the Virgin Islands or acting in the capacity of an appraiser in the Virgin Islands may bring or maintain any action in any court of the Territory to collect compensation for the pe…
27 V.I.C. § 444 Penalties; hearings; other duties of Board
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(a) In accordance with the hearing procedures established for contested cases by the Board, the Board shall have the power to reprimand appraisers and approve education classes; to revoke or suspend any license or certification issued under this chapter; to revoke or suspend appr…
27 V.I.C. § 445 Use of title
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(a) No person other than a Certified Real Estate Appraiser shall assume or use such title or any title, designation, or abbreviation likely to create the impression of certification as a real estate appraiser. A person who is not certified pursuant to this chapter shall not descr…
27 V.I.C. § 446 Retainer
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(a) A client or employer may retain or employ an appraiser to act as a disinterested third party in rendering an unbiased valuation or analysis. A client or employer may also retain or employ an appraiser to provide specialized services to facilitate the client's or employer's ob…
27 V.I.C. § 447 Investigations
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(a) The Board may, upon its own motion, and shall, upon the sworn written request of any person, investigate the actions of any appraiser, applicant, or school approved by the Board. Except for investigations of applicants for licensure or certification, investigations of allegat…
27 V.I.C. § 448 Administrative hearing
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(a) Before the Board imposes on any appraiser any sanction permitted by this chapter, it shall provide for a hearing for such appraiser in accordance with rules and regulations issued by the Board. (b) If any appraiser or applicant fails to appear at any hearing after reasonable …
27 V.I.C. § 449 Prohibitions; penalties
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(a) Except as provided in this section, on and after July 1, 1991 or by such other date as may be set by federal law and published by the Board, it shall be unlawful for anyone to engage in real estate appraisal activity in this Territory without first obtaining a license or cert…
27 V.I.C. § 450 Rules and regulations
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The Board is hereby authorized to issue rules and regulations in accordance with Title 3, chapter 35, Virgin Islands Code, and this chapter, to set fees, to regulate the issuance of licenses and certifications, to discipline appraisers as permitted by this chapter, to establish q…