Land Banking

Definition of "Land banking"

Mary Jane Callaway
Mary Jane Callaway Sherman & Hemstreet Southern Georgia Homes,Llc

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.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ