CHAPTER 452

AN ACT to amend and reenact § 54-751 of the Code of 1950, re-
lating to the application for license as a real estate broker or
salesman.

[S 100]

Approved April 7, 1950

Be it enacted by the General Assembly of Virginia:
1. That § 54-751 of the Code of 1950 be amended and reenacted,
as follows: |

§ 54-751. Application for license.—Every applicant for a real
estate broker’s license shall apply therefor in writing upon blanks
prepared or furnished by the Commission. Such application shall
be accompanied by the recommendation of at least two citizens,
real estate owners, not related to the applicant, who have owned
real estate for a period of one year or more, in the county or city
in which said applicant resides, or has his place of business, which
recommendation shall certify that the applicant bears a good repu-
tation for honesty, truthfulness, fair dealing and competency, and
recommending that a license be granted to the applicant; but no
recommendation shall be required for the renewal of a license after
being once issued. Every applicant for a broker’s license shall state
the name of the person, firm, partnership, association or corpora-
tion with which he will be associated in the business of real estate,
and the location of the place, or places, for which the license is
desired, and set forth the period of time, if any, which the appli-
cant has been engaged in the real estate business.
Every applicant for * license shall furnish a sworn statement
setting forth his present address, both of business and residence,
a complete list of all former places and firms where he may have
resided or been engaged in business for a period of sixty days or
more, during the last five years, accounting for such entire period,
and the length of such residence, together with the name and
address of at least one real estate owner in each of the counties
or cities where he may have resided or have been engaged in
business.

Every applicant for a salesman’s license shall, in addition to
the requirements of this section, also set forth the period of time,
if any, during which he has been engaged in the real estate busi-
ness, stating the name and address of his last employer, and the
name and the place of business of the person, partnership, associa-
tion or corporation then employing him, or into whose service he
is about to enter. The application shall be accompanied by a writ-
ten statement by the broker in whose service he is about to enter,
stating that in his opinion the applicant is honest, truthful and
of good reputation, and recommending that the license be granted
to the applicant.

Every application for a license shall be accompanied by the
license fee herein prescribed. In the event that the Commission
does not issue the license, the fee shall be returned to the applicant
except in the event the applicant fails to pass the examination or
to qualify for a bond, if required, in which cases the fee shall not
be returned.

The Commission may require such other proof as shall be
deemed desirable, with due regard to the paramount interests of
the public, as to the honesty, truthfulness, integrity and compe-
tency of the applicant. The Commission is expressly vested with
the power and authority to make and enforce any and all such
reasonable rules and regulations connected with the application
for any license as shall be deemed necessary to administer and
enforce the provisions of this chapter.