Land Banking definition

Land Banking means the practice of acquiring unimproved real property and not commencing the initial phase of development of such real property within six (6) months after the date of acquisition.
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Land Banking means in the terms of this policy the assemblage of land for designated or undesignated purposes that meet the definition of a future public purpose.
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Land Banking means different things to different people. As the national housing shortage has risen in political prominence, the term ‘land banking’ has assumed a more pejorative slant. It is often taken to mean
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Examples of Land Banking in a sentence

  • Trident Trust Company (B.V.I.) Limited, in its capacity as the trustee of The Land Banking Trust, holds the entire issued share capital of LHN Capital Pte.

  • Accordingly, there are no beneficiaries to The Land Banking Trust.

  • The Land Banking Trust is a discretionary purpose trust with the principal purpose of (a) promoting the operation of the businesses owned directly or indirectly by LHN Capital Pte.

  • Scheduling The City would like to locate appropriate Land Banking sites and bring them under contract within 120 to 150 days of executing a contract with Broker.

  • Lim Hean Nerng, Foo Siau Foon and Kelvin Lim are the founders of The LHN Capital Trust and The Land Banking Trust.

  • Kelvin Lim is one of the founders of The LHN Capital Trust and The Land Banking Trust.

  • EXAMPLE: Land Banking (Philadelphia, Pennsylvania)In an effort to streamline the process for selling abandoned or delinquent public property to private developers, the city of Philadelphia passed the Land Bank Ordinance in 2013 and received the inaugural properties from the Philadelphia Housing Development Corporation 2 years later.

  • This strategy can be used to produce affordable homeownership housing stock in conjunction with other HTF Plan strategies and programs administered by the Housing Division, such as Land Banking and the Down Payment Assistance Program.

  • In 1974 the CRD established a Land Banking and Housing Service to acquire land to support the development and operation of public housing units.

  • This strategy may be combined with the following strategies included in this plan: Revolving Loan Fund, Land Banking, and Impact Fee Subsidies.


More Definitions of Land Banking

Land Banking means the setting aside of at least fifteen (15) hectares of contiguous land for commercial and industrial use in a particular city/municipality in the province.
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Land Banking means the acquisition and holding of improved or unimproved property in anticipation of future development of the property, or to ensure that the future use of the property and improvements remains affordable.
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Land Banking and “Dream” concepts have a minimum time frame expectancy of 3 years. This timeframe could be shortened or lengthened through a mutual and unanimous agreement between BTPI Co. and The Client.
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Land Banking means different things to different people. As the national housing shortage has risen in political prominence, the term ‘land banking’ has assumed a more pejorative slant. It is often taken to mean the speculative hoarding of land in a rising market, profiting from appreciating land values; separate from, (rather than integral to), the productive process of housebuilding. Inevitably the issue becomes more emotive in
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Related to Land Banking

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • Telephone Banking means banking services available from time to time by telephone;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • MARO mean "months after the effective date for award of the contractual action (as shown in block 3, Section A, SF 26)".

  • Portfolio Supervisor means First Trust Advisors L.P. and its successors in interest, or any successor portfolio supervisor appointed as hereinafter provided."

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Toddler means a child at least one year of age but less than 2 years of age.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Virginia Stormwater Management Act means Article 2.3 (§ 62.1-44.15:24 et seq.) of Chapter 3.1 of Title 62.1 of the Code of Virginia.

  • Commander , in relation to an aircraft, means the member of the flight crew designated as commander of the aircraft by the operator thereof, or, failing such a person, the person who is for the time being the pilot in command of the aircraft;

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • CFAF means the currency of the Borrower;

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Arborist means an individual engaged in the profession of arboriculture who, through experience, education, and related training, possesses the competence to provide for or supervise the management of trees and other woody plants. Must be concurrently an International Society of Arboriculture (ISA) Certified Arborist to perform any role required of a Certified Arborist.

  • South West Land Division means the South West Land Division as defined by Section 28 of the Land Act 1933-1971 excluding the area contained within the Metropolitan Area.

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711-1715.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.