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 four (4) months after the date of acquisition.

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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

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.

Examples of Land Banking in a sentence

• Permit the use of Loan proceeds for Land Banking or Land Speculation.

• Permit the use of proceeds of the Project Loans or the Borrowing Base Loan for Land Banking or Land Speculation.

• In addition, Lennar shall have the right, with the consent of Owner (not to be unreasonably withheld or delayed), to remove from consideration any Properties which Lennar determines are not suitable for Land Banking under this Agreement.

• For purposes of clarification, City may not terminate this Agreement as to a transferring Owner based on a default of the transferee, nor may City terminate this Agreement as to the transferee based on a default by a transferring Owner that occurs after the sale, transfer or assignment and pertains to portions of the Property retained by the transferring Entry Date Owner, Owner or Land Banking Entity and not the portions of the Property conveyed to transferee.

• The SPONSOR covenants and represents to NCTCOG that the SPONSOR shall implement a Sustainable Development Transportation Land Banking Project acquisition as applied for in the Call for Projects hereinafter referred to as the LAND BANKING PROJECT as provided for in the Governing Body Resolution submitted by the SPONSOR to NCTCOG.

• The list of Options, Land Bank Facilities and Acquisitions set forth on Schedule 1.6 is a true, correct and comprehensive list of all Options, Land Banking Facilities and Acquisitions in existence as of the Effective Date.

• Additional toolkit resources may be found at ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇ U.S. Department of Housing and Urban Development Page 1 Neighborhood Stabilization Program This Land Banking Agreement is entered into by and between XXXXX Business XXXXXXX, a XXXXX Corporation, with offices at XXXXXX, (“XXXX”) and the XXXXX Land Bank Authority, a XXXX public body corporate (or private non-profit) with offices at XXXXXX, (the “Land Bank”).

• The Borrower will not use the proceeds of the Loan for Land Banking or Land Speculation.

• Access to your own replicated Next Steps page allowing you to market direct to prospects and introduce the Land Banking concept in a simple and easy to digest approach.

• During such period, no Lennar Party shall market or present any such Properties to or from any Person (other than Owner Parties, or their respective affiliates) for purposes of obtaining Land Banking for such Properties.

More Definitions of Land Banking

Land Banking means in the terms of this policy the assemblage of land for designated or

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.

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.

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.

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