Practice question
A wholly foreign-owned company claims a lawful investment lease automatically entitles it to ownership of the leased private land. Which is best?
- Every lease conveys ownership
- A leasehold must be distinguished from ownership; investment leasing does not itself remove constitutional transfer limits
- Registration repeals Article XII
- Every lessee is an heir
- A lease term determines citizenship
Legal references
- 1987 Constitution, Article XII, Sections 2, 3, 5, 7 and 8: https://lawphil.net/consti/cons1987.html
- Republic Act No. 12252, amending the Investors Lease Act, especially Section 2: https://lawphil.net/statutes/repacts/ra2025/ra_12252_2025.html
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