CHAPTER 254

An Act to amend and reenact § 54-750, as amended, of the Code of
Virginia, relating to qualification for a license as a real estate broker.

[H 484]
Approved March 11, 1960

Be it enacted by the General Assembly of Virginia:

1. That § 54-750, as amended, of the Code of Virginia, be amended and
reenacted as follows:

§ 54-750. A license shall be granted only to persons who bear a good
reputation for honesty, truthfulness and fair dealing and are competent
to transact the business of a real estate broker or a real estate salesman
In such manner as to safeguard the interests of the public. No license shall
be issued hereunder to any person:

(1) Who is unable to read, write and understand the English lan-.
guage ;

(2) Whose application for a license as a real estate broker or real
estate salesman has within six months prior to the date of his application
hereunder been rejected in Virginia, in any other state or in the District
of Columbia;

(3) Whose license as a real estate broker or real estate salesman has
within one year prior to the date of his application hereunder been
revoked in Virginia, in any other state or in the District of Columbia;

(4) Who is not a citizen of the United States; or who, if an alien,
has not filed his intention as provided by law to become a citizen; or

(5) Who has been convicted, within the past five years, in a court of
competent jurisdiction of this or any other state, or of the District of
Columbia, or of the United States, of forgery, embezzlement, obtaining
money under false pretenses, extortion, conspiracy to defraud, bribery, or
other like offense or offenses, or plead guilty or nolo contendere to any of
such offenses, there being no appeal pending therefrom or the time there-
for having elapsed.

Nor shall any license as a real estate broker be issued hereunder to
any person who has not attained the age of twenty-one years and who has
not been licensed as a real estate salesman for a period of at least one year,
or who has acquired equivalent experience in the opinion of the Com-
Mission.