land for $1 ?

what is this land for $1 all about ? thanks.

Some estate owners sell their land for $1 and make their profits off of the weekly or monthly fees that you'll have to pay once you buy it.

I think Rock Ryder might be selling it here:- /327/88/251989/1.html#post1941905

He crazy man

If that is of interest to you make sure you read the covenents and check out the landlord thoroughly. You are actually only renting those parcels.

Many lols

This is not really land for sale. Island land cannot be truly sold in the same sense that mainland is - it is more akind to a rental. Some rentals make you pay an upfront cost to be able to rent, some don't. L$1 land on an island is the option to rent the land and that option is being sold to you for L$1. The point being that this option in some cases can be resold to another tenant to give them the option to rent on the island too. Some island owners do not allow the option to rent to be resold regardless of how much is paid for it. There is also island land out there where you don't pay anything but your weekly/monthly rent.

Hope that clarifies the whole mess because its quite confusing for new people to have to work this out unfortunately.

As opposed to...?

Whether you pay anything for the estate land really doesn't make a difference, you're renting either way.

The suggestion of checking out the landlord is a good one though, but that applies with all types of rentals as well.

As opposed to buying mainland, they both show up in the land sales unless it it filtered. That is all I was trying to point out to the OP.

Just a way to make rentals look like land sales and get advertising for them in the landsales classifieds

Can you explain that? I don't understand it.

Relevant reading that shoud help answer your question:

http://wiki.secondlife.com/wiki/Land_Buying_FAQ

Good luck!

Island (private) land is just that, it's owned privately by the person who bought it direct from the Lindens, even if you buy island land, it still really legally belongs to the original owner, if the original owner leaves SL and doesn't keep monthly payments up, the island will be taken back by the Lindens and you lose your investment.

Worse scenario is that you pay the original owner for 'buying' the land and then he just kicks you out, they have your money and you have no land, this is rare, but not so rare as not to be very careful when buying island land.

No. Lindens will do nothing about this.

Main reason for that 1 linden per parcel, is to give you the needed rights on your land.

Estate owners often work with rent boxes, but paying a rent box does not give you the capabilities you want. Selling land to you for 1 linden makes you owner of the land, so you can landscape, set parcel music, well basically everything an owner can. Just do not forget to pay the rental box as well (some landlords call it tier box).

Estate land has 1 disadvantage above mainland: the estate owner can boot your ass off the property. So you are owner as far as land powers go, but there is still the superuser called Estate owner/manager. So you have to trust the landlord with your money, especially when you pay upfront prices. If not, you can at most loose a weeks rent.

Where I do rent my parcel, its much simpler: land is for sale at the price of 1 months rent. I rented mine at 8 januari, so I payed 2 linden a square meter for the land. Each 8th of the month I am expected to pay the estate owner 2 linden per square meter again. No rental boxes, but I need to remember the date each month.

Marcel

Oh no not the "you only rent on private islands"
When you buy from a trusted landlord there is no difference from buying from LL exept that you pay tier to the landlord and the landlord has the option to enforce a convonant.
Technicaly a landlord has the same rights as governor linden when it comes to sim handling.

As for the question, there are 3 reasons for a landlord to set a 1L$ price, rental with full owner posibileties and lease constructions have already been told, I myself have a 3th reason, I sell my land with the option to pay it in 12 weekly terms, you still pay the tier as wel offcourse. This gives my residents to option to sell on for profit lateron without having to pay a large initial sum.
I put this information in the discription of the land I'm selling so it is clear to anyone what the conditions are.
For a landlord there is a big disadvantage to setting a 1L$ price, squatters regulary abuse this system so he has to keep a watchfull eye on the land sales, some even go as far as right away setting the land for sale again for a few thousand L$ without paying anything to the landlord and worse removing the conditions from the discription so potential buyers are misslead.

A side question might be why 1 L$ and not 0 L$? The answer to that is, you can't, when selling to anyone the minimum price is 1 L$.

There's a core of people that given the opportunity will tell you all the reasons why you shouldn't inhabit estate land.... where is the core of people that are giving the view from the otherside?

Reasons to not inhabit the mainland:

1. You have no say in the matter of what might move in next to you on mainland.
2. Sim resources on mainland can be consumed by just one person with laggy scripts.
3. You have nearly no support, no one to talk to when you have issues.
4. If you don't pay your tier fee's LL will take your land away.
5. If you get suspensed for anything, you cannot pay your tier fee's. (see #4)
6. Cant hardly fly at all without bumping into banlines everywhere.
7. Lots of immature avatars playing thier SL game on the mainland.

Reasons to not inhabit Estateland

1. Estate owner can boot you out for no reason. find one you can trust.
2. Suppport varies from each estate owner
3. All estate land has different covenants, you must be aware of the rules.

Reasons for owning Mainland

1. Rules and fee's are the same on ALL mainland. easy to understand
2. No matter how much of the sims resources you use, LL will not regulator your use.
3. Abuse reports usually go unanswered, Your free to rage on anyone you like.
4. No matter how obnoxious you are, your always welcome on mainland.
5. You can do whatever you like and not worry about how it affects your nieghbors

Reasons to own on Estateland.

1. Find yourself a estate owner you can trust and your SL will be much better
2. Estate owner will enforce covenants to protect you from undesirables.
3. No worries about a club popping up next to you unless you bought in a club sim
4. Suppport, depending on the sim owner can be addressed immediately
5. Land in general is much nicer
6. Banlines are usually prohibited so restricted travel is rare.
7. Extra land usually doesnt cost you 80% more tier to own




Anyone care to add to this list?

You don't have a say in it on estate land either.

The sim owner *might* enforce a building code/style and even if not it's certainly better than some mainland, but in no way are you ever guaranteed to have esthetically pleasing neighbours.

LL will act on camping zombies/bots preventing access to the sim and on anything in general that has an obvious effect on the sim's performance.

Again, estate land is certainly better as long as the sim owner cares enough, but it's not quite as hopeless as you imply on the mainland.

When it comes to non-payment LL actually puts everyone else to a shame in the way it's handled.

If you don't keep up with tier payments LL will suspend your account within 1-2 weeks. If you still haven't paid after 30 days LL will seize the land and sell at it auction to recuperate the amount owed.

The amount owed will be deducted from the amount the land fetches at auction, along with an administrative fee (can't check the amount since the site is currently down). If anything is left that amount is credited to your account.

In short: you have up to 30 days to settle the debt and if you don't LL doesn't simply forfeit the land as-is, if its value is higher than the combined amount owed plus fee you're still entitled to the left-over.

On estate land the average sim owner would kick you out long before 30 days pass without any word from you, and few would think to refund any part of the land's value.

I doubt LL would stop collecting tier just because an account is suspended, but even if they do you still have 30 days once it's due and no suspension lasts that long.

Hi Kitty, while I respect and appreciate your clarifying and detailing a few of the facts in the post, there certaily was no "making up" of any facts. I know you been around a long time, and understand the implications of estate land as well as mainland. The ritual for reclaiming Mainland though I do not beleive is published anywhere in the knowledge base so commenting on it must come from direct expereince I guess, I have hear from others that it takes about 8 days of nonpayment before LL takes action, so far as estates are concerned

Covenants are must more than the rules you must live by, atleast they are treated like so on the great majority of estates, covenants are a residents and estate owners protections, if the covenants say NO CLUBS then its the obligation of the estate owner to inforce those rule lest they lose good residents on thier sims. That is the garantee that things you dont want popping up next to you. wont.

Many estate owners put not a thing in thier covenants about land cost and fee's which irks me to no end. Covenants are the only contract that LL forces residents to agree to when purchasing land, and if estate owners would be so smart to relize that they would include every little detail in the covenants. potecting both themselves and the resident.

Unfortunately, many new sim owners and, shall I asy bad sim owners, fail to disclose information properly in thier covenants, whether its because they know LL will not enforce anything or thier own poor organizational skills... If I was a resident that was looking at estate land, I would look at the covenants before I even look at the land shape or location. If land fes arent disclosed, as wel as expected times of payment and late fees, I would move on. It shows an ineptitude and failure to properly think out terms of the contract as the owners faults. "What is true in real life, so is true in Second Life", if the guy your dealing with cant seem to come up with the answers your looking for, move on to someone more knowledgable

I'll get rid of the last paragraph, I guess I did phrase that poorly .

It's detailed in the billing agreement, I would have posted a link but everywhere I go on the site just gives me the "Down for maintenance" .