COMPENSATE LEGAL RESERVE DEFICIT


Compensating the deficit of a legal reserve is possible by leasing an area in the same biome that holds vegetation surplus. The property owner is accountable for the area conservation.

Biofílica provides assistance for the contract management, payments, carry out technical projects required by the environmental agency, and performs environmental monitoring of the area leased during the contract period.

Advantages

The owner remains compliant with the Forest Code, being able to obtain credit loans and to access markets;

No need for an upfront relevant disbursement as payments are set in installments over the contract period;

The extension of leased area is exactly the same of the deficit extension to be compensated;

The owner is accountable for the forest management and its maintenance;

As the contract ends, it is possible to renew or acquire another area.


Purchase

The owner who needs to compensate its legal reserve may opt to purchase a property with vegetation surplus. The owner is accountable for the area conservation.

Biofílica assists with the purchase and sale contracts, environmental evaluation, legal due diligence and financial transfers.

Advantages

Owner remains permanently compliant with the Forest Code, with no restrictions on access to credit and markets;

Business opportunities and potential return over environmental services delivered by the forest area.


Property purchase in Protected Area

Legal reserve deficit holders may finance expropriation of private properties irregularly located inside Public Domain Protected Areas upon permanent waiver of legal reserve liability. The environmental agency is accountable for maintaining the Protected Area.

Biofílica selects areas for compensation and conduct the whole regularization process, from contracting, environmental assessment, legal due diligence to the formalization with government bodies.

Advantages

Owner remains permanently compliant with the Forest Code, with no restrictions to access credit and/or markets;

Extension of land to be acquired is exactly the deficit extension to be compensated;

The government body responsible for Protected Areas will be accountable for the forest management and maintenance as the property is reintegrated.