Land Banking
Definition of "Land banking"
The practice of acquiring land for a future use. For example, a franchising company is projecting rapid nationwide expansion over the next five years. In order to prepare for the expansion, they are currently in the process of land banking property by acquiring sites at the most favorable terms at this time.
Popular Real Estate Terms
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A certificate of ownership in a real estate company. Pledged assets for a borrowing. An example is an office building serving as collateral for the mortgage. Way of protecting property ...
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