[Congressional Record Volume 140, Number 91 (Thursday, July 14, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: July 14, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
    SENATE RESOLUTION 243--RELATIVE TO THE REALTORS LAND 
           INSTITUTE ON THE OCCASION OF ITS 50TH ANNIVERSARY

  Mr. LOTT (for himself, Mr. Stevens, Mr. D'Amato, and Mr. Johnston) 
submitted the following resolution; which was referred to the Committee 
on Banking, Housing, and Urban Affairs:

                              S. Res. 243

       Whereas, in 1944, the REALTORS Land Institute was 
     founded by 20 land specialists who met at the Drake Hotel in 
     Chicago, Illinois, to establish a national organization that 
     would provide education, information, marketing 
     opportunities, and broker networking to enhance the ability 
     of their members to conduct business as recognized 
     professional land use specialists and, through collective 
     action, preserve private property rights;
       Whereas the REALTORS Land Institute has been an 
     affiliate of the National Association of REALTORS 
     for 50 years;
       Whereas, in 1994, the REALTORS Land Institute 
     celebrates 50 years of serving land owners, users, and 
     realtors throughout the United States and Canada;
       Whereas the REALTORS Land Institute members have 
     developed international marketing capabilities and networks 
     throughout the world;
       Whereas the REALTORS Land Institute is comprised 
     of members who subscribe to a strict code of ethics and to 
     just and equitable principles in real estate transactions;
       Whereas the REALTORS Land Institute encourages 
     continuing education and rewards members who complete an 
     extensive education program and service to the land industry 
     with a national designation of Accredited Land Consultant 
     (ALC); and
       Whereas the REALTORS Land Institute is a national 
     professional trade association, dedicated to advancing the 
     effective use of our most precious commodity, land: Now, 
     therefore, be it
       Resolved, That the Senate recognizes the REALTORS 
     Land Institute on the occasion of its 50th Anniversary.
       Sec. 2. The Secretary of the Senate shall transmit a copy 
     of this resolution to the REALTORS Land Institute.

 Mr. LOTT. Mr. President, I rise today to submit a Senate 
resolution commemorating the 50th anniversary of the REALTORS 
Land Institute [RLI]. The REALTORS Land Institute was founded 
by 20 land specialists who met at the Drake Hotel in Chicago in 1944. 
The purpose of their meeting was to establish a national professional 
trade association dedicated to the advancement of the effective use of 
our most precious commodity--land.
  The REALTORS Land Institute was organized as the institute 
of Farm Brokers. As the scope of its activities grew, the name was 
changed several times; the most recent change occurred in early 1986 
when the present name was adopted.
  The REALTORS Land Institute has been an affiliate of the 
National Association of Realtors for 50 years and is devoted to 
advancing the interests of those who are involved in various phases of 
land development and proper land utilization.
  The REALTORS Land Institute provides a forum to bring 
together members interested in improving their professional competence 
in all aspects of the land segment of the real estate business. This 
includes:
  Identification of appraising, acquisition, syndication, and 
development as recognized land specialties within the real estate 
profession;
  Development and establishment of professional standards of practice;
  Fostering professional expertise through educational activities and 
programs;
  Identification of members to the public;
  And formulation of wise land use and the reasonable rights and 
privileges of private ownership.
  The REALTORS Land Institute is comprised of members who 
subscribe to a strict code of ethics and to just and equitable 
principles in real estate transactions. The organization provides 
education, information, marketing opportunities, and broker net-working 
to enhance members abilities to conduct their business as recognized 
professional land use specialists. REALTORS Land Institute 
members have developed international marketing capabilities and 
networks throughout the world. Through collective action, they also 
attempt to preserve private property rights.
  Education is a key activity of the institute. Seminars are sponsored 
by individual State chapters on a regular basis. On the national level, 
the institute offers the REALTORS Land Institute land 
university which features nine state-of-the-art courses for land 
related professionals.
  Additionally, the institute awards the Accredited Land Consultant 
[ALC] designation to members who meet rigid standards of professional 
competence after they complete required course work and service to the 
land industry.
  For 50 years, the REALTORS Land Institute has helped their 
members better serve their clients, their communities, and their 
industry. Now, on their 50th anniversary, they are renewing their 
commitment to service and focusing on the future. This is illustrated 
by their theme for this anniversary year, ``celebrating the past--
welcoming the future.''
  Congress should commend the REALTORS Land Institute on 
their myriad of achievements over the last 50 years by honoring them 
with this commemorative resolution. This resolution meets the Judiciary 
Committee's policy for the consideration of commemorative measures; 
thus, I believe it is appropriate that we pass it. I invite my 
colleagues to join with me in commending the REALTORS Land 
Institute on 50 outstanding years of service.

                          ____________________