OBJECTIVE FORESTRY

Detailed explanation-1: -In general, only Filipino citizens and corporations or partnerships with least 60% of the shares are owned by Filipinos are entitled to own or acquire land in the Philippines. Foreigners or non-Philippine nationals may, however, purchase condominiums, buildings, and enter into a long-term land lease.

Detailed explanation-2: -A: Under the 1973 and 1987 Constitutions, any individual may lease not more than 500 hectares & corporation/association/partnership not more than 1000 hectares. The term of lease will be for a period of twenty five years and renewable for not more than twenty five years at the option of the government.

Detailed explanation-3: -The 1987 Constitution restricts access to public lands. Citizens may acquire public lands of not more than 12 hectares by purchase or land patent, or of no more than 500 hectares by lease.