Approved on March 28, 1996
"Section 10. Other Rights of Natural Born Citizens Pursuant to the Provisions of Article XII, Section 8 of the Philippine Constitution - Any natural born citizens who has lost his Philippine Citizenship and who has the legal capacity to enter into a contract under Philippine Laws maybe a transferee of a private land to a maximum area of five thousand (5,000) square meters in the case of urban land or three (3) hectares in the case of rural lands used by him for business or other purposes. In the case of married couples, one of them may avail of the privilege herein granted: Provided, That is both shall avail of the same, the total area shall not exceed the maximum herein fixed.
"In case the transferee already owns urban or rural land for business or other purposes, he shall still be entitled to be a transferee of additional urban or rural land for business or other purposes which when added to those already owned by him shall not exceed the maximum herein authorized.
"A transferee under this Act may acquire not more than two (2) lots which should be situated in different municipalities or cities anywhere in the Philippines: Provided, That the total land area thereof shall not exceed five thousand (5,000) square meters in case of urban land or three (3) hectares in the case of rural land for use by him for business or other purposes. A transferee who has already acquired urban land shall be disqualified from acquiring rural land and vice versa.
For More Information Contact:
Rovel Realty Service
Libis Road San Pedro Puerto Princesa City 5300 Palawan Philippines