1336                             Laws of Maryland                      [Ch. 432

or county highways if the outdoor advertising signs were erected
'prior to June 1, 1972. No compensation may be paid for any such
signs erected subsequent to June 1, 1972. Compensation is authorized
to be paid only for the following:

(1)  The taking from the owner of the sign, display, or device
of all right, title, leasehold and interest in the sign, display or device.

(2)  The taking from the owner of the land on which the sign,
display, or device is located of the right to erect and maintain the
sign, display or device thereon.

(c) Nothing herein may be construed to permit the erection of
outdoor advertising signs otherwise prohibited by State or local law
or by local zoning ordinance.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1972.

Approved May 26, 1972.

CHAPTER 432
(Senate Bill 601)

AN ACT to add new Section 230C to Article 56 of the Annotated
Code of Maryland (1972 Replacement Volume), title "Licenses,"
subtitle "Real Estate Brokers," to follow immediately after Section
230B thereof, to provide for suspension of real estate advertising
or solicitation under certain circumstances, to provide for review
RENEWAL of such suspensions, to define "Real Estate Conser-
vation Areas," to provide a penalty for violations and to provide
a severability clause.

Section 1. Be it enacted by the General Assembly of Maryland,
That new Section 230C be and it is hereby added to Article 56 of the
Annotated Code of Maryland (1972 Replacement Volume), title
"Licenses," subtitle "Real Estate Brokers," to follow immediately
after Section 230B thereof, and to read as follows:

230C.

(a) Following public hearing, the Real Estate Commission, if it
finds that (1) the racial or economic stability of a neighborhood is
threatened by the volume of real estate transactions, or (2) an ab-
normal real estate market with depressed values is developing in a
neighborhood because of excessive sales offerings, or (3) that certain
methods of advertising or solicitation could be damaging to the pub-
lic or to the dignity and integrity of the real estate profession, or
could be in violation of Article 56 of the Annotated Code of Mary-
land, or the Regulations or Code of Ethics of the Real Estate Com-
mission of Maryland, may suspend methods of advertising of real
estate dealer or brokerage services or of solicitation of listings for
houses for the purpose of ultimate resale or rental within geo-
graphic URBAN areas as, in its judgment, would benefit by the sus-
pension. No suspension shall affect advertising in REGULARLY