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Land Banking |
Also found in: Wikipedia | 0.01 sec. |
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Land Banking The practice of buying real estate with the intent to re-sell it at a higher price. Land banking is common when the buyer expects the value to go up in a relatively short period of time. For example, if a university is in the process of expanding, one may buy empty land half a mile away in expectation that the university will one day want it as part of the campus. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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