Thanks for answering Kelly:
"I do not understand the distinction between a private island owner that is 'selling' land vs 'renting' land.
All private island owners operate under the same rules:
- The estate owner may 'sell' land.
- The estate owner always pays the LL tier cost, never the land purchaser/renter.
- The estate owner may reclaim land they have sold at any time.
I believe the last rule is what makes it a 'rental'?
Or do you mean just the policy of whether or not you will have to continue to pay rent after the initial purchase price? Since that is a purely social thing for which there are no built in systems it is *very* hard to seperate them. Even if we gave land owners the choice of which to put their plots in, any that are acting in a dishonest way (which is the focus of your post) would just post in the wrong one. Perhaps at some point we will have a built in 'rent' system, in which case indicating if that is being used in Search will be possible."
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When I "sell" a piece of my island the people who buy it can resell it. My covenant requires them to pay tier to me or lose the land, but they can obtain the appreciated value of the land by reselling it.
In the ads that are Bait and Switch the Covenant clearly says that the ridiculously low "Purchase Price" is a down payment on rent. The defrauded by has no right to re-sell.
Here for example is what R****h O***by says when you read the covenant on his G***t estate:
NOTE: THE LAND HERE IS FOR RENT ONLY- THERE ARE NO OUTRIGHT PURCHASES AVAILABLE
This parcel is listed in SALES. But it is not for SALE. He puts a price that is .5 $L per square meter in the for sale listing making this property pop to the top. But it is NOT for sale and the renter cannot resell the land.
THAT is the difference between those put up these false sale ads and those of us who "sell" the land with the right to resell. On my islands people are paying 9-11$L per sq m, but as long as they are paid up on their tier, they can resell to anyone who will abide by the covenant.
I do not know how you police this, except to respond to complaints. But I can tell you that if you do a search in estate land sales and arrange them according to price per sq m... anything less that 1 L per sq m is likely to be a come on to rent. So it would be easy to police from your perspective.
If people want to rent their estates, that is fine, but their ads should appear in Rentals and not Sales.