Common Contracts
2 similar Land Bank Depository Agreement contracts
LAND BANK DEPOSITORY AGREEMENT PROGRAMLand Bank Depository Agreement • January 8th, 2014
The Program consists of transactions pursuant to a Banking Agreement in which a grantor transfers real property to the Land Bank, and the property is held by the Land Bank pending a transfer back to the original grantor; to a grantee identified in the banking agreement; or to a third party selected by the Land Bank. The Land Bank Board has full discretion and authority to agree or decline to enter into a Banking Agreement.
LAND BANK DEPOSITORY AGREEMENT PROGRAMLand Bank Depository Agreement • January 8th, 2014
The Program consists of transactions pursuant to a Banking Agreement in which a grantor transfers real property to the Land Bank, and the property is held by the Land Bank pending a transfer back to the original grantor; to a grantee identified in the banking agreement; or to a third party selected by the Land Bank. The Land Bank Board has full discretion and authority to agree or decline to enter into a Banking Agreement.