Property Deed

Ownership
There are four ways to purchase a Property Deed. Backers at Ancestor (Benefactor) and above receive a Rent-Free Property Deed with their pledge. Players can also purchase a Property Deed from other players. Players can buy tickets for the monthly lotteries for player-owned-town-only and place-anywhere deeds. Finally, players can purchase limited amounts of player-owned-town-only deeds from the Add-On Store. Players are allowed to own multiple lots.

Sizes
Lots come in six sizes: Row (smallest), Village, Town, City, Keep  and Castle (largest). Each Holdfast, Village, Town, City, or Metropolis in the game will have a mix of lot sizes available. The larger the habitation, the larger the number of lots and the greater percentage of bigger lots available. For example, a Metropolis will have the greatest number of lots and the highest percentage of City-sized lots.

Upkeep
Lots have an in-game currency tax that must be paid or the lot reverts to being for sale and the Property Deed is returned to the owner. Backers at Ancestor level and above receive a tax-exempt Property Deed, but the lot can still revert after an extended amount of inactivity (5 months at Citizen level, + one month per tier above that).

The upkeep rates are:

Row: 500 gold per day, 1 Gold COTO per week

Village: 1000 gold per day, 2 Gold COTOs per week

Town: 2000 gold per day, 4 Gold COTOs per week

City: 3500 gold per day, 7 Gold COTOs per week

Reverting
Your house (and the contents) will be placed in your bank. Decorations will not be maintained when you place the house again on a lot. . This can be avoided by storing the house using the Property Manager before the lot reverts.