Ch. 78                                          LAWS OF MARYLAND

Approved April 12, 1988.

CHAPTER 78

(House Bill 323)

AN ACT concerning

Transportation - Sale of Land - Appraisals

FOR the purpose of altering a certain land value amount to
exclude certain land from the requirement for certain
appraisals, and generally relating to appraisals for land
offered for sale by the State Highway Administration.

BY repealing and reenacting, with amendments,

Article - Transportation
Section 8-309(c)(2) and (e)(2)
Annotated Code of Maryland
(1977 Volume and 1987 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Transportation

8-309.

(c) (2) Before the sale:

(i) The Administration shall appraise the land;
and

(ii) If the Administration believes that the
land has a value of more than [$5,000,] $25,000, the land also
shall be appraised by at least one independent, qualified real
estate appraiser.

(e) (2) If the Administration believes that any land
proposed for sale under this subsection has a value of more than
[$5,000,] $25,000, the land shall be appraised by at least one
independent, qualified real estate appraiser.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

Approved April 12, 1988.

- 1856 -