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The year of jubilee is a far-reaching idea in the ancient world. In the 50th year, land that has been sold to pay debts during the preceding 49 years returns to its original owners. Israelites who had to sell themselves into slavery to pay debts are set free. All debts are declared “paid in full.” The jubilee is a regular reminder to God’s covenant people that every acre of ground, every soul belongs to God, not to those rich enough to buy them. Actually land cannot be sold; it can only be leased in 50-year increments, from jubilee to jubilee. So God’s law protects the welfare of future generations by preventing the permanent transfer of land and wealth outside the control of the family.

Eternal One: 13 Everyone will return to his ancestral property during the year of jubilee. 14 If you sell something to a friend or buy something from your neighbor, do it honestly. 15 When you lease property from a friend, you should pay only for the time you get to use it. He will base the price on the number of harvest years remaining until the jubilee returns.

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