This was the first time they had heard about the buying and selling of property rights, so they were extremely curious. After hearing Lin Yuelan's explanation, they quickly understood.
In reality, this was just like renting. The only difference was the duration.
Nowadays, it was mainly the government or the landlord who rented the land to the farmers. Basically, it was for a year. If they wanted to continue to rent the land for the next year, they had to make an agreement in advance. Of course, this decision was in the hands of the government or the landlord. They had the final say in who to rent the land to. The farmers were very passive.
But, the lease that Lin Yuelan was talking about had a long term, such as 30 years. However, this kind of lease was very disadvantageous to the landlord or the government in terms of collecting rent and interest.
Of course, that was unless there were special circumstances.
