[If] he sold it to the first one for a maneh, and the first one [then] sold it to a second one for two hundred [zuz], he reckons only with the first one; as it says: To the man to whom he had sold it (Lev. 25:27). [If] he sold it to the first one for two hundred [zuz], and the first one sold it to the second one for a maneh, he reckons only with the latter; as it says: To the man — that is, to the man occupying it. He may not sell a distant [field] in order to redeem one nearby, [or] a poor one in order to redeem a good one. He may not borrow in order to redeem [it], nor may he redeem [it] by halves. But in the case of the Temple treasury, all of them are permitted. This is the stringency of the common [man] over the Temple.

[If] one sells a house of the houses of walled cities, he may redeem [it] immediately, and he may redeem [it] all twelve months. This is like a kind of interest, but it is not interest. Should the seller die, his son may redeem [it]. Should the buyer die, he may redeem [it] from his son. He counts the year for it only from the time he sold [it] to him; as it says: Until a full year has elapsed for him (Lev. 25:30). When [Scripture] says: full, [it comes] to include the intercalary month. Rabbi says: He must give him a year and its intercalary [days].

[If] the [final] day of the twelve months arrived and it was not redeemed, it would become permanently his. [This applies] both to the buyer and the recipient of a gift; as it says: In perpetuity (Lev. 25:30). Originally, he would hide on the [final] day of the twelve months so that it should become permanently his. Hillel the Elder enacted that he should deposit his money in the chamber, and break [down] the door and enter. Whenever the other one so desires, he may come and take his money.

Whatever is within the wall is [treated] according to [the law of] the houses of walled cities, with the exception of the fields. R’ Meir says: Even the fields. A house built into the [city] wall — R’ Yehudah says: It is not [treated] according to [the law of] the houses of walled cities. R’ Shimon says: The outer wall is its [city] wall.