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(a) From and after the effective date of this chapter, it shall be unlawful for any person, partnership, association or corporation to engage in or carry on the business, or act in the capacity of a real estate broker or a real estate salesman within the Virgin Islands without first obtaining a license as provided in this chapter.
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(b) No person may be licensed as a real estate broker unless, in the case of a natural person, such person is (1) at least twenty-one years of age, (2) a citizen of the United States or a permanent resident alien, and (3) a resident of the Virgin Islands for at least two consecutive years prior to the date of the application; Provided, however, That any person admitted to practice law in the Virgin Islands as a member of the Virgin Islands Bar shall, upon application and a showing of his membership and a payment of the required fee, be issued a license as a real estate broker.
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(c) No partnership, association, or corporation shall be licensed as a real estate broker, unless at least one of the members of any such partnership or association or at least one of the officers of any such corporation is duly licensed as a real estate broker.
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(d) No person may be licensed as a real estate salesman unless he is (1) at least twenty-one years of age, (2) a citizen of the United States or a permanent resident alien, and (3) a resident of the Virgin Islands for at least one year prior to the date of the application. No real estate salesman’s license may be issued to a partnership, association, or corporation. A real estate salesman shall be sponsored by a licensed real estate broker.