The Land Bank was established as an instrument to ensure land availability for development and promote public prosperity. However, the management of community land by the Land Bank raises concerns when land provision for development potentially places communities merely as beneficiaries after land rights are transferred or relinquished. This study aims to analyze the ideal concept of the Land Bank in managing community land as a productive asset without requiring the relinquishment of land rights. This study employs a normative legal research method using statutory and conceptual approaches. The legal materials consist of primary, secondary, and tertiary sources, which are qualitatively analyzed to develop legal arguments and prescriptions. The results indicate that the management of community land should be directed toward a land-use cooperation model without eliminating the community’s position as rights holders or land controllers. Under this model, the Land Bank acts as a facilitator and governance guarantor, while third parties or investors serve as utilization partners based on transparent, time-bound agreements that provide clear benefit-sharing arrangements. Such management should be supported by validation of land subjects and objects, community consent based on adequate information, and assistance from Notaries and/or Land Deed Officials to provide preventive legal protection. Through this concept, community land can be developed into productive assets without relinquishing rights, while maintaining a balance between development interests, land productivity, legal certainty, and community rights protection.
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