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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The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...
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