What Is Ransom Strip?
A ransom strip is a small parcel of land — often just a narrow access strip — whose owner can block access to or development of an adjoining, much larger site, letting them demand a price ("ransom") far above the strip's own standalone value in exchange for granting access or rights.
Most useful for: Commercial Investor
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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