Difference between revisions of "KB2/Renting and selling land"

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NOTE: This article is about renting and selling parcels of land. For information about region/estate rentals and sales, see --

How to sell land

This article explains the mechanics of selling land inworld -- how to set your land for sale safely.

KBnote.png Note: This article won't tell you how to advertise your land, or the best way to sell it; these are things that can be done in a variety of ways, and we don't want to bias you one way or another.

To set a parcel of your land for sale:

KBwarning.png Warning: When you sell land that is deeded to a group, the proceeds of the sale will be evenly divided between all group members who have the Pay group liabilities and receive group dividends ability. If you wish to reclaim land for yourself before selling it, see How do I reclaim land that has been deeded to a group?

Your parcel is now for sale. It will appear automatically in the listings in the Search window's Land Sales tab, unless you set the land for sale to a particular Resident (in which case it won't appear in Search).

KBnote.png Note: If your parcel does not appear in the Land Sales tab in the Search window, see How can I make my land appear in the Places tab in Search?, for more information.

Additional Information: Selling Land to A Specific Resident

In situations where you wish to sell your land to a specific Resident, it is very important that you take advantage of the Sell the land to setting. Some Residents have the ability to quickly detect and buy land for sale at below-market prices; selling your land to a specific Resident prevents any chance of someone else accidentally buying the land.

  1. Right-click the land and select About Land.
  2. Click the General tab
  3. Click the Sell Land button.
  4. Set Set your desired sale price.
  5. For the Sell the land to option, choose Specific user.
  6. Click the Select button.
  7. Enter the buyer's name into the Choose Resident window.
    Kbsd kb choose resident.jpg
  8. Click the Find button and select the buyer's name.
  9. Click the Select button.
  10. Click the Set Land For Sale button.
  11. Review your land sale information.
  12. Click OK.

Maturity Ratings

If you have set your land for sale to a specific Resident, they will need to change their maturity setting so that it is adequate to make the purchase. For example, if you set Parcel lght M.png Moderate land for sale to a Resident who has a Parcel lght G.png General-only maturity preference setting, they need to change their maturity preference to Parcel lght G.png General and Parcel lght M.png Moderate, or they will not be able to purchase the land. Residents who are not able to adjust their maturity preferences to the Parcel lght G.png General, Parcel lght M.png Moderate, Parcel lght A.png Adult setting should see the Knowledge Base article How to become verified as an adult for additional information.

Renting land to others

Land rental is a thriving business in Second Life; if you own a large amount of land or a Private Estate, it can be profitable for you to lease some of your land to other Residents. Private Estate owners also have several additional tools available to them to help facilitate land rental.

Basic Rental

Rentals in Second Life consist of a tenant/landlord structure. Tenants pay a landlord a regular fee for the use of a defined quantity of the landlord's resources. Those resources may vary from situation to situation; some landlords rent predetermined parcels of land, while other may charge for a finite number of objects allowed in a Region.

There are many ways to collect rental fees from tenants; some landlords prefer informal direct payments and real paper record-keeping, while others use Resident-created, automated rental machines. You should settle on a collection method you are most comfortable with, and inform your tenants upfront about your payment policy.

KBtip2.png Tip: To learn more about the different rental collection options available, try asking the opinions of some existing landlords. They have the benefit of experience, and may be able to help you choose a solution that works best for you.

You will also need to determine what level of control you would like your tenants to have over your rented land. One common method involves the creation of a "rental group". The rental group forms a common bond between your land and your tenants; as long as the parcel is set to the rental group, and you tenants use their rental group tags, they will be able to place objects on your parcel without fear of autoreturn. For more information on how group land and group objects work, see the Groups category in this Knowledge Base.

To evict a deadbeat tenant from group-owned land, you can eject them from the land rental group and return their objects from the land parcel.

Private Region Rental

Estate owners have a number of tools at their disposal to make land rental easier. In addition to greater control over the general environment in their Regions, Estate owners may divide their Private Regions into parcels for sale. When a Resident buys a parcel in a Private Region, he gains control over that parcel as though he owns it. This added feature eliminates the need for rental groups or complicated rights-granting rituals sometimes associated with rental properties.

To evict a deadbeat tenant from land in your Private Region, you can choose the Reclaim Land... button from the About Land window:

Kbsd kb reclaim land.jpg

KBnote.png Note: Parcels bought by Residents in Private Regions are still technically owned and paid for by the Estate owner. As the owner of a Private Region, you will still need to determine a way to collect rental fees from your tenants. For more information on Private Region land sales, see "How do land sales in Private Regions work?"

More rental information

Any Resident who's an estate owner can choose to rent part or all of their estate to other Residents. This effectively means that a Resident, including one who's on a Basic account, can "buy" parcels on an estate and move in, subject to the covenant of the estate owner.

Specific terminology differs internationally (some call this "leaseholding"), and the semantics of "rent" vs. "buy" aren't so important here as understanding the practical principles. So for convenience, we'll use "rent" from this point onward as it's the most common.

Also, we'll refer to a "Resident estate owner" as a "landlord", because you're effectively paying them as a "tenant". As in: if you rent land on a private estate, this makes you the tenant of a landlord.

Should I buy or rent?

^ Click through for information to help your decision.

Types of land for rent in Second Life

Undeveloped land on... Developed land on...
the mainland a private estate the mainland a private estate
Themed?
Is there a pre-built house or store ready for you to move into?
No; build-it-yourself No; build-it-yourself Yes; ask landlord about special features Yes; ask landlord about special features
Terraform range Usually +/- 4 m Depends; up to +/- 100 m Depends; usually +/- 4 m or blocked Depends; up to +/- 100 m
Custom terrain textures and environment settings? No Maybe; ask landlord No Unlikely since land is already themed; ask landlord
Land usage rules
The TOS always applies
Mainland policies, also ask landlord Landlord's covenant Mainland policies, also ask landlord Landlord's covenant
Do you "buy" a parcel to rent it?
Buying a parcel shows you as the owner in About Land
No, you pay a rent box or similar device Yes, but landlord can reclaim it at their discretion No, you pay a rent box or similar device Yes, but landlord can reclaim it at their discretion

Billing relationship

The basic process of renting land on an estate is the same as buying on the mainland: unless another arrangement has been made, in About Land - General, click the Buy Land button to proceed with your purchase.

But, the billing relationship is very different than on the mainland:

  • If you buy land on the mainland, your billing relationship is with Linden Lab and dependent on the tier system shown on the Land Use Fees page.
  • If you rent land on a private estate, your billing relationship is with another Resident — your landlord — and dependent on their covenant.
KBtip2.png Tip: What is tier?

How can I tell I'm on a private estate?

How can I find private estates to rent land on?

You can use the Viewer's search tool:

  1. Enter a keyword like beach or vampire in the search bar on the upper-right of the Viewer window and press Enter ↵.
  2. In the Find window that opens, click the Land Sales tab.
  3. Next to Category, choose For Sale - Estate and edit the other fields as-needed.
  4. Click a listing to view more details, then click Teleport to travel there in seconds.

Also:

Advanced land companies have their own websites which can make it easier to browse offerings and get connected.

Why rent on a private estate?

There are several reasons why this path may be more appealing for you.

No Premium account required

  • You need to upgrade to a Premium account to buy land on the mainland since mainland tier is part of a Premium account's benefits.
  • You can remain at a Basic account to rent land on a private estate. This may be preferable if you've found rental land that has a cheaper monthly rate than the Linden tier system and offers other benefits.

If you're on a Premium account and meet other conditions, you can simultaneously own mainland and rent on private estates. It isn't an exclusively "one or the other" choice.

Close-knit community...

Linden Lab offers several Linden Home themes to acquaint you with the variety of what's possible with "themed living" in Second Life.

But that's just a sampler of the spectrum of diversity available here. A landlord may have a lifelong interest and a deep passion for a focused theme. In some cases, they've brought it from their real life as an extension of their identity, and you may be able to strongly relate to those beliefs — which encourages you to be part of the community they're building.

Themes reflect all angles of creativity. To be less abstract, they may involve a certain real-world environment, a fantasy or historical atmosphere, or be specifically tailored to a subculture (goth, furry, steampunk, etc.). If you're into gaming, some of these themes complement roleplaying on the same premises: you could be a cyberpunk courier living across a dystopian skyline, an elite debutante partying it up at your luxury pad, or a seafarin' swashbuckler in search of booty. Over time as Second Life expands, more interests are met and needs are fulfilled. Some tenants graduate to become landlords themselves.

In addition, if you've been age-verified, there are adult-themed communities for your discreet pleasures.

... or start from scratch

If you'd prefer to start from scratch, there's a lot of rental land that's blank and ready to be molded into your vision. What are some advantages over blank mainland? Depending on what the landlord offers, these are some possibilities:

  • Greater terraform range - As noted in land limits, most mainland can only be terraformed +/- 4m from its base, which isn't enough to create staggering heights and deep valleys.
  • Custom terrain textures - Only the landlord and assistants (estate owner and managers) can change these, but you may be able to request a switch. These affect a lot of what you see, since the ground is often beneath your feet.
  • Time of day - It would look odd if a vampires' den was in bright daylight. A landlord can lock the time of day at midnight, then invite tenants who thrive on darkness.

These and more options are shown in the Region/Estate_-_Terrain and related controls, and not changeable at-will unless you own or manage an estate.

The personal touch

Some landlords go beyond a financial relationship: they or specially-chosen Residents (estate managers) interact with their tenants frequently, host events, and expand the community based on your feedback. This sort of intimate empowerment to affect change can be very appealing.

That's not all: themed communities may offer on-location stores and other amenities as a convenience. For example, if you rent land in a medieval village, it makes sense to find a shop selling knight's armor and period dresses — and if there's a supernatural aspect, magic wands. If you continue up the street, there could be a banquet hall for dances, a monastery for meditation, and other dwellings used for social events so you can meet-and-greet your likeminded neighbors. This adds to the overall theme and immersion of the community and can add substantial value to your experience.

Customization and negotiation

On the mainland, you can't negotiate your Linden tier fees. Also, if you wanted to make your parcel a tiny bit larger, it's really hard do that: neighbors may be nice but not typically welcoming of subdividing and selling only a sliver of their parcel.

But a sympathetic landlord may hear your pleas. Just like you might with a real-life landlord, you can try negotiating a better deal: perhaps you'll pay a bigger L$ sum upfront covering several months of rent. Or you can explain what your budget is and the landlord will try to connect you with a parcel that meets what you can afford.

Important things to be aware of

Caveat emptor — buyer beware! This isn't meant to scare you, but encourage you to be assertive when looking for rental land. Just as there are all kinds of people in the world, there are all kinds of landlords with individual styles, some of which may mesh better with you depending the personalities involved. With that in mind:

The landlord always has the final say

When renting land on a private estate, the "owner" in About Land - General shows your name, but the landlord reserves the right to change that at any time. This means they can reclaim the land and offer it to someone else on a whim. Linden Lab doesn't mediate if your landlord is hostile.

If you have a consistently great relationship with your landlord, you don't have to worry about getting kicked out. But if you find yourself getting into quarrels, you may want to consider relocating. Hopefully you've done your homework to minimize getting into such a situation.

Always check the covenant before you buy

The covenant is the terms and conditions of rental land, always shown in About Land - Covenant. In other words, what you can and can't do if you rent this land. For example, there may be a dress code of how avatars should appear to match the theme. Covenants often include a code of conduct in addition to Linden Lab's Community Standards. Some rules that apply on the mainland may not apply on an estate. For example, a landlord could decree "Combat is allowed for all!", then make their land a constant warzone where no one could be accused of "griefing with weapons" because it's part of the theme.

KBwarning.png Warning: The Terms of Service apply to every Resident, everywhere in Second Life, including on private estates.

A landlord can change the covenant at any time, but shouldn't do so without notifying tenants first or even more considerate, soliciting their input. (Similar to how you wouldn't like it if your cell phone provider changed your contract in a detrimental way without notice.) The last-modified date of a covenant is always shown.

Learn more about covenants.

Ask for testimonials and references

Like any successful business, a landlord should be able to point to delighted customers. Renting land from someone may feel more confident if you have friends who've rented from that landlord before and have good things to say about the experience, as well as downsides that aren't major causes for concern but nevertheless good to know.

It helps to ask because a little research can save you lots of troubles in the future.

Be clear on your billing relationship

Before buying, be sure to ask:

  • How much is rent?
  • Is it paid in L$ or US$?
  • How often is it paid? Monthly or otherwise?
  • How do I pay it? Methods range from "pay the landlord directly" to "pay a scripted box" to "payment form on a website". Savvy landlords figure out ways to manage this with minimum overhead so miscommunication is minimized.
  • Can payment be automated? Just like in the real world, this can be really convenient and assures as long as you have funds, you won't be delinquent.

Renting land on the mainland?

You may have heard that some Residents offer land for rent on the mainland, which works differently in some regards. One big difference is that you don't do the act of buying a parcel (which shows you as the parcel owner in About Land - General as described above). instead, you might be offered to join a group which gives you the permission to place objects on a designated parcel with your group tag.

This arrangement is common in many mainland malls, where stalls are rented out (and there may be advertisements for such an arrangement). A similar pattern can be found in cottages, hotels, and other destinations.

Remember that the above, for simplicity's sake, describes some of the many possibilities that exist and continue to grow. Consult specific situations to get accurate details.

Who owns a parcel of land?

To find out who owns a parcel of land:

  1. Stand on or hover above the land parcel, then go to World > About Land. The About Land window opens.
  2. Click the General tab.
  3. Locate the listing for Owner.
  4. If a Resident is listed as the owner, click Profile to view the Resident's profile.
  5. If (Group Owned) is listed as the owner, the land belongs to a group. Click Info to view the group's information. Owners of a group will be listed in bold text.

Some landowners charge alternate tier for rentals on private regions

Residents buying or renting parcels on Private Regions and Estates are subject to the covenant that governs the land they're renting. If you rent land that's in a Private Region, you're not paying Linden Lab -- you're paying the Estate owner. The way in which the Estate owner sets up payments and what they charge is entirely up to them. Understand that by renting from another Resident, you run the risk that this Resident may decide to leave Second Life, without refunding anything you may have paid them. Linden Lab is not party to any agreement the two of you may have, however, if you wish to pursue this matter outside of Second Life, please know that Linden Lab cooperates fully with any real-world justice officials or law enforcement agencies credentialed with appropriate civil or criminal jurisdiction.