I have a view and I want to use a layout page. In the layout page I want to have a conditional banner which some of the view will turn on/off. Just wondering how I can do this?<
You can define a SECTION in your Layout, and then if your View is responsible to "fill" that section... your view can place the HTML in that section.
Here you can see a detailed step by step tutorial on using SECTIONS:
http://weblogs.asp.net/scottgu/archive/2010/12/30/asp-net-mvc-3-layouts-and-sections-with-razor.aspx