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 the process to the Virgin Islands Appraisers' Board, if, in an action against the applicant in any court of the Virgin Islands arising out of the applicant's activities as an appraiser, the plaintiff cannot, in the exercise of due diligence, effect personal service upon the applicant.

  • (b) A nonresident of the Virgin Islands, who has complied with the provisions of subsection (a) of this section, may obtain a license or certification by conforming to all of the provisions of this chapter.

  • (c) Any applicant who is licensed or certified under the laws of another state or territory, which laws have been approved by the Appraisal Subcommittee, may obtain a similar license or certification as an appraiser in the Virgin Islands, provided the applicant is in good standing in that state or territory, meets the requirements of this Code, pays the required fees, and signs a statement that the applicant has read this chapter and any rules and regulations issued hereunder, and agrees to abide by its provisions in all real estate appraisal activity in the Virgin Islands. In addition, the applicant's resident state or any other state or territory in which the applicant is licensed or certified, must furnish to the Board a certification of licensure or certification and copies of the records of any disciplinary action taken against the applicant. The imposition of a disciplinary action by any other state's or territory's licensing authority may be grounds for denial of license or certification to a nonresident applicant or for the revocation of license or certification to a nonresident or for suspension of license or certification issued to a nonresident by the Board.

  • (d) The applicant shall agree in writing to cooperate with any investigation initiated under this chapter by promptly supplying any documents requested by the Board or any authorized investigator of the Board and by personally appearing in the Board's offices or other location in the Virgin Islands as requested by the Board or any authorized investigator of the Board. If the Board sends by certified mail to the last known business address of a nonresident appraiser a notice to produce documents or to appear for an interview with an authorized investigator or the Board, and the nonresident fails to comply with that request, the Board may impose on the nonresident appraiser any disciplinary action permitted by this chapter.

  • (e) The Board shall prescribe the form of a license to denote that an individual is a licensed or certified real estate appraiser, as the case may be. The license shall be conspicuously displayed in the appraiser's place of business. The Board shall also prepare and deliver to the applicant a pocket card certifying that the person named thereon is a licensed or certified real estate appraiser, as the case may be.

  • (f) A license or certification issued under authority of this chapter shall bear a number assigned by the Board and the date of issuance. When signing an appraisal report, a licensed real estate appraiser shall place his/her license number adjacent to or immediately below his/her name and the title “Licensed Real Estate Appraiser”. When signing an appraisal report, a certified real estate appraiser shall place his/her license number adjacent to or immediately below his/her name and the title “Certified Real Estate Appraiser”. Such license or certificate number shall be used on all statements of qualification, contracts, or other instruments used by the appraiser when reference is made to his licensed or certified status.

  • (g) All licenses, certificates, and pocket cards shall be the property of the Board, and upon suspension or revocation of a license or certification pursuant to this chapter, the individual holding the license or certificate, and pocket card, shall immediately return them to the Board.

  • (h) The Board is authorized to waive or to modify any experience, examination, or education requirements established in this chapter for appraisers in order to bring the requirements into conformity with federal law.


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