Finance
In Montana, 'land banking' in real estate investment refers to:
AUsing a bank exclusively to fund land purchases
BPurchasing and holding raw land for future development or sale at appreciated values, often as a long-term investment strategy✓ Correct
CDepositing land titles with a financial institution as collateral
DA government program to create land trusts for affordable housing
Explanation
Land banking is the strategy of purchasing raw, undeveloped land and holding it for future appreciation, with the intention of developing or selling when market conditions or timing is favorable. Montana ranchland and vacant parcels near growth areas are often land banked.
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