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2477
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HARRY HUGHES, Governor
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Governor
House Bill No. 1041
AN ACT concerning
Licenses - Real Estate Conservation Areas
FOR the purpose of altering the circumstances under which the
Real Estate Commission 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
resale or rental within certain urban areas known as "Real
Estate Conservation Areas", and granting the right of review
to any person aggrieved by any action of the Real Estate
Commission with regard to "Real Estate Conservation Areas"
providing that the Real Estate Commission shall provide
certain information to a community when the Commission is
considering a removal or modification of a Real Estate
Conservation Area.
BY repealing and reenacting, with amendments,
Article 56 - Licenses
Section 230C
Annotated Code of Maryland
(1979 Replacement Volume and 1982 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 56 - Licenses
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 abnormal 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 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, OR (4) THERE IS REASON TO BELIEVE THAT
UNETHICAL REAL ESTATE PRACTICES EXIST OR THAT THE POTENTIAL FOR
UNETHICAL REAL ESTATE PRACTICES EXISTS, 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. No suspension shall
affect advertising in regularly distributed newspapers,
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