23 "The land must never be sold on a permanent basis, for the land belongs to me. You are only foreigners and tenant farmers working for me. 24 "With every purchase of land you must grant the seller the right to buy it back. 25 If one of your fellow Israelites falls into poverty and is forced to sell some family land, then a close relative should buy it back for him. 26 If there is no close relative to buy the land, but the person who sold it gets enough money to buy it back, 27 he then has the right to redeem it from the one who bought it. The price of the land will be discounted according to the number of years until the next Year of Jubilee. In this way the original owner can then return to the land. 28 But if the original owner cannot afford to buy back the land, it will remain with the new owner until the next Year of Jubilee. In the jubilee year, the land must be returned to the original owners so they can return to their family land. 29 "Anyone who sells a house inside a walled town has the right to buy it back for a full year after its sale. During that year, the seller retains the right to buy it back. 30 But if it is not bought back within a year, the sale of the house within the walled town cannot be reversed. It will become the permanent property of the buyer. It will not be returned to the original owner in the Year of Jubilee. 31 But a house in a village-a settlement without fortified walls-will be treated like property in the countryside. Such a house may be bought back at any time, and it must be returned to the original owner in the Year of Jubilee. 32 "The Levites always have the right to buy back a house they have sold within the towns allotted to them. 33 And any property that is sold by the Levites-all houses within the Levitical towns-must be returned in the Year of Jubilee. After all, the houses in the towns reserved for the Levites are the only property they own in all Israel. 34 The open pastureland around the Levitical towns may never be sold. It is their permanent possession.
Matthew Henry's Commentary on Leviticus 25:23-34
Commentary on Leviticus 25:23-34
(Read Leviticus 25:23-34)
If the land were not redeemed before the year of jubilee, it then returned to him that sold or mortgaged it. This was a figure of the free grace of God in Christ; by which, and not by any price or merit of our own, we are restored to the favour of God. Houses in walled cities were more the fruits of their own industry than land in the country, which was the direct gift of God's bounty; therefore if a man sold a house in a city, he might redeem it only within a year after the sale. This encouraged strangers and proselytes to come and settle among them.