Do you have to be a contractor to buy and rehab a Land Bank property?

No. The Land Bank may rehabilitate a home or stabilize a commercial building and contract out the work, but anyone is able to buy properties out of the Land Bank who have the means and resources necessary to make the identified improvements.

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1. How is a Land Bank different than a Redevelopment Authority
2. What are the main ways the Land Bank acquires properties?
3. Do you have to be a contractor to buy and rehab a Land Bank property?