What Is Land BANKING? 6 Things You Should Know

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Contrary to what their name would suggest, land banks are not financial institutions.

Land banks are public or community-owned entities that are created to acquire, manage, maintain, or repurpose vacant, abandoned, or foreclosed properties.

Land banking programs are beginning to pop up across the United States, and there are now over 200 different programs across various counties and cities in 16 states that have formal banking programs.

In this video, we’ll discuss everything you need to know about land banking.

Disclaimer: we are not lawyers, accountants or financial advisors and the information in this video is for informational purposes only. This video is based on our own research and experience and, while we do our best to keep it accurate and up-to-date, but it may contain errors. Please be sure to consult a legal or financial professional before making any investment or purchasing decisions.