Difference between revisions of "How Do Land Sales in Private Regions Work?"

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The mechanics of buying and selling land in a Private Region is very similar to the process used on the Mainland. However, there are a few key differences that buyers and sellers should take into account when considering making a land transaction in a Private Region.
The mechanics of buying and selling land in a Private Region is very similar to the process used on the mainland. However, there are a few key differences that buyers and sellers should take into account when considering making a land transaction in a private region.


'''Similarities'''
'''Similarities'''


* As the seller, the [[Who is the owner of a region?|Private Region owner]] can split parcels of the region and set them for sale.
* As the seller, the [[Who is the owner of a region?|private region owner]] can split parcels of the region and set them for sale.
* The mechanical act of [[How do I buy land|buying the land]] remains unchanged.
* The mechanical act of [[How do I buy land|buying the land]] remains unchanged.


'''Differences'''
'''Differences'''


* Parcels in private regions are governed by [[Linden Lab Official:Estate and Private Region Covenants|Covenants]]. A Covenant is similar to a contract defined by the owner of the Private Region; you must agree to it before buying the land. It may outline such details as local theme, rental fees, architectural regulations, and rules of behavior in the Private Region.
* Parcels in private regions are governed by [[Linden Lab Official:Estate and Private Region Covenants|covenants]]. A Covenant is similar to a contract defined by the owner of the private region; you must agree to it before buying the land. It may outline such details as local theme, rental fees, architectural regulations, and rules of behavior in the private region.
* If you buy land in a Private Region, it does not count against your [https://secure-web8.secondlife.com/account/landfees.php Land Use Tier]. However, the owner of the Private Region may charge you a similar fee for continuing use of the land.
* If you buy land in a private region, it does not count against your [https://secure-web8.secondlife.com/account/landfees.php Land Use Tier]. However, the owner of the private region may charge you a similar fee for continuing use of the land.
* [[Linden Lab Official:I rented a land parcel from another Resident (either on the Mainland or in a private region) and it's being taken back from me, even though I've paid the agreed-upon fees or rent.|The Private Region owner may evict you]] from your parcel in a Private Region at any time. Private Region owners have absolute power over their Estates, and are within their rights to reclaim land as they see fit. Make sure to read your Region's Covenant closely for terms of use before you buy your parcel.
* [[Linden Lab Official:I rented a land parcel from another Resident (either on the Mainland or in a private region) and it's being taken back from me, even though I've paid the agreed-upon fees or rent.|The private region owner may evict you]] from your parcel in a Private Region at any time. Private Region owners have absolute power over their Estates, and are within their rights to reclaim land as they see fit. Make sure to read your region's covenant closely for terms of use before you buy your parcel.
* Private Region owners have use of the [[The Region/Estate window|Region/Estate window]] which includes such Region access options as:
* Private region owners have use of the [[The Region/Estate window|Region/Estate window]] which includes such Region access options as:
** Access restricted to Residents based on payment status
** Access restricted to Residents based on payment status
** [[Linden Lab Official:Maturity ratings: an overview|Region maturity]] can be set to {{mrg}}, {{mrm}}, or {{mra}}
** [[Linden Lab Official:Maturity ratings: an overview|Region maturity]] can be set to {{Mrg}}, {{Mrm}}, or {{Mra}}


{{KBhint| If a Region owner changes the maturity setting for their Region, it may have an affect on who can access your parcel and view search listings made from it. Read the Region Covenant and communicate with the Region owner (or Estate Manager where applicable) to avoid any disruptions to your parcel settings or access.}}
{{KBhint| If a Region owner changes the maturity setting for their Region, it may have an affect on who can access your parcel and view search listings made from it. Read the Region Covenant and communicate with the Region owner (or Estate Manager where applicable) to avoid any disruptions to your parcel settings or access.}}

Revision as of 16:37, 11 January 2011

The mechanics of buying and selling land in a Private Region is very similar to the process used on the mainland. However, there are a few key differences that buyers and sellers should take into account when considering making a land transaction in a private region.

Similarities

Differences

  • Parcels in private regions are governed by covenants. A Covenant is similar to a contract defined by the owner of the private region; you must agree to it before buying the land. It may outline such details as local theme, rental fees, architectural regulations, and rules of behavior in the private region.
  • If you buy land in a private region, it does not count against your Land Use Tier. However, the owner of the private region may charge you a similar fee for continuing use of the land.
  • The private region owner may evict you from your parcel in a Private Region at any time. Private Region owners have absolute power over their Estates, and are within their rights to reclaim land as they see fit. Make sure to read your region's covenant closely for terms of use before you buy your parcel.
  • Private region owners have use of the Region/Estate window which includes such Region access options as:
KBtip2.png Tip: If a Region owner changes the maturity setting for their Region, it may have an affect on who can access your parcel and view search listings made from it. Read the Region Covenant and communicate with the Region owner (or Estate Manager where applicable) to avoid any disruptions to your parcel settings or access.