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As used in this chapter, unless otherwise provided or the context requires a different construction, application or meaning—
“Commission” means the Virgin Islands Real Estate Commission created in section 421a of this chapter. “Real estate” means leaseholds, as well as other interest or estate in land, whether corporeal, incorporeal, freehold or nonfreehold, and whether the real estate is situate in the Virgin Islands or elsewhere. “Real estate broker” means any person who shall act as agent for any principal involved in the sale, purchase, lease or rental of real property, or who solicits listings of real estate for the same purpose, or who advertises or holds himself out as engaged in any of the foregoing activities; it also includes any person who engages in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby he undertakes primarily to promote the sale of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both. “Real estate salesman” means any person employed or engaged under contract by or on behalf of a licensed real estate broker to participate in any activity of the real estate broker directly relating to the sale, purchase, lease or rental of real property, for compensation or otherwise.