P.R. Laws tit. 20, § 3042
The Board may deny, refuse to renew, suspend or revoke a license motu proprio or by request of a party after filing charges and an administrative hearing, pursuant to the provisions of §§ 2101 et seq. of Title 3, of any real estate broker, salesperson, or company that:
(a) Does not meet the requirements to obtain a license established by this chapter.
(b) Has illegally practiced the profession as real estate broker, salesperson, or company in Puerto Rico.
(c) Has obtained, or attempted to obtain a real estate broker, salesperson or company’s license through fraud or deceit.
(d) Has incurred crass incompetence in the practice of the profession, in detriment of a third party.
(e) Has practiced in any transaction as real estate broker, salesperson or company with an expired license.
(f) Has incurred conduct prohibited by this chapter.
(g) Has been found mentally unfit by a court of competent jurisdiction; Provided, That the license may be granted as soon as this person proves he/she is competent, if he/she meets the other requirements established in this chapter.
(h) Is addicted to drugs or is an habitual alcoholic; Provided, That the license may be granted as soon as the person proves he/she is competent if he/she meets all the other requirements established in this chapter.
(i) Has been convicted of a felony or misdemeanor which implies moral turpitude, in Puerto Rico, the United States of America or in any country where he has resided, except in the case that it has been eliminated from his penal record pursuant to the applicable legislation.
(j) Has a record of complaints adjudicated against him by a court of justice, the Board and/or the Department of Consumer’s Affairs. “Record of complaints” shall be construed to be the adjudication of two (2) or more complaints against him.
History —Apr. 26, 1994, No. 10, § 19; July 30, 1999, No. 172, § 6.