TAKE BACK PNG – TAKE ONE PROPERTY AT A TIME
TAKE BACK PNG – TAKE ONE PROPERTY AT A TIME Read More »
What is State Lease Land?
State lease land is land owned by the government and made available to citizens and entities under long-term lease often 99 years for residential, commercial, or agricultural development.
Once leased, you are granted a title, which gives you legal rights to develop, mortgage, or sell the property.
Unlike customary land, state lease land can be easily used as collateral to secure loans from banks. This gives landowners the power to access capital, develop property, and participate actively in the economy.