508 JOINT RESOLUTIONS

WHEREAS, an estate long recognized in the ancient Roman, Euro-
pean and Latin American Law, has become effective in Arkansas,
Hawaii and Puerto Rico; has been recognized and approved by Con-
gress in recent amendments to the Federal Housing Legislation, and
is now being considered by the Legislatures of a dozen or more of the
States, but which Estate was unknown to the Common Law of
England and therefore of this State, and

WHEREAS, this Estate gives legal recognition to the absolute
ownership to apartment space above the ground to the same practical
effect as land subdivision lot ownership, subject to certain controls
over the necessarily common property, walls and other elements, and
which said estate is variously called a "Condominium" or "Horizontal
Property" ownership, and

WHEREAS, there is an urgent need to make available housing and
business locations to those persons in this State who live in areas
where land costs make it impossible for them to acquire ownership
of single family homes or single unit business locations and where
current rentals are beyond their economic reach; and construction
and development of housing and business locations for such persons
cannot be undertaken by private industry for lack of legislation
enabling single units in multi-unit structures to qualify for federally
insured loans; now therefore be it

Resolved by the General Assembly of Maryland, That the Legisla-
tive Council make a study of the advisability of the State of Mary-
land adopting legislation to establish a "Condominium" or "Horizontal
Property" estate in Real Property in the State of Maryland, and be
it further

Resolved, That the said Legislative Council be and it is hereby
requested to report the results of its study, together with recom-
mended legislation, if any, to the General Assembly Session in 1963.

Approved March 23, 1962.

No. 24
(House Joint Resolution 27)

House Joint Resolution to request the Governor to appoint a Com-
mission to study the present unemployment compensation laws of
Maryland in relation to current

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EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.