(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 or a licensed real estate salesman, unless such person was licensed hereunder as a broker or a salesman at the time of the doing of the act.
(b) No person shall assume or use the title or designation “real estate broker”, “real estate salesman”, “realtor”, “realty”, or any other title, designation, words, letters, abbreviations, signs, cards or device tending to indicate that such person is a real estate broker or real estate salesman unless such person is duly licensed as a real estate broker or a real estate salesman, as the case may be, under the provisions of this chapter.
(c) Any person who wilfully violates any of the provisions of this chapter or any rules or regulations issued hereunder shall be fined not more than $500 or imprisoned not more than six months or both.