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HARRY HUGHES, Governor 2221
FOR the purpose of repealing the power of the Real Estate
Commission to suspend real estate advertising in an urban
area if the Commission finds that the rural or economic
stability of a neighborhood is threatened under certain
circumstances; listing certain conditions that are necessary
to modify or remove a suspension; specifying the standard of
proof in an action to modify or remove a suspension;
specifying certain determinations that the Real Estate
Commission must make in an action to modify, remove, or
renew a suspension of real estate advertising; specifying
the standard by which the Commission must weigh the evidence
in making a determination; providing that the Real Estate
Commission shall provide certain information to affected
communities under certain circumstances; repealing obsolete
language; clarifying language; and generally relating to
suspensions of real estate advertising in certain areas.
BY repealing and reenacting, with amendments,
Article 56 - Licenses
Section 230C
Annotated Code of Maryland
(1979 Replacement Volume and 1982 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 56 - Licenses
230C.
(a) (1) Following A public hearing, IF the Real Estate
Commission!, if it] finds that: [(1)] (I) the racial or economic
stability of a neighborhood is threatened by the volume of real
estate transactions, or (2)] (I) (II) an abnormal real estate
market with depressed values is developing in a neighborhood
because of excessive sales offerings[ , ]; or [(3) that] (II)
(III) certain methods of advertising or solicitation could be
damaging to the public or to the dignity and integrity of the
real estate profession, or could be in violation of Article 56 of
the Annotated Code of Maryland, or the regulations or code of
ethics of the Real Estate Commission of Maryland, THE REAL ESTATE
COMMISSION 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
geographic urban areas as, in its judgment, would benefit by the
suspension.
(2) No suspension shall affect advertising in
regularly distributed newspapers, magazines, radio, television,
or telephone directories, or be in effect for more than
[twenty-four (24)] 24 months unless renewed by the Commission for
periods not in excess of [twenty-four (24)] 24 months.
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