I am wanting to by some farmland and am confused about how much land can be held by my Filipino wife. I thought with land reform the limit was 5 hectares per person, but when I look at land for sale by individuals I see much larger parcels available. Does anyone know the true facts as to what the government allows?
Depends... on who you are as in all legal issues Judging from what I have experienced here it would depend on the description... no, not of the land but of your family tree and the number of roots that dig deep into the futile political soil here. The laws never seem to be applied equally, but it should be nice to see this one applied equally. I think that is what they tried to do with the land reform bill but has the President's family distributed their land yet? Sometimes the application of the law takes forever if you are connected. I know this is more of a political statement than a legal fact. What is the legal fact? What is the posted law? and how is really applied here? and to whom?
When we bought our farmland we were told the limit was 3 hectares. We were over that so the lawyer who did the paperwork suggested we get another person to sign, which was my wife's mom. There is no limit to the amount of land you can own if you have enough people to sign as posted above. The other alternative is to form a corporation and have it buy the land. Your results may vary.
What if its inherited land? Does the 3 hectares per person still applies? What if lets say 20 hectares then 4 children have to divide it? i dont think its applicable nowadays, if anyone gets questioned, they should question first the background of the current president.lol.
You may read and try to understand the law that you can find here:COMPREHENSIVE AGRARIAN REFORM LAW OF 1988 - CHAN ROBLES & ASSOCIATES LAW FIRM
Does the CARP law apply to leased land? If a larger parcel is wanted maybe a long term lease is the better option?