1. Leviticus 25:30 (ESV)
  2. Exposition

What happens to the property after a year?

Leviticus 25:30 (ESV)

30 If it is not redeemed within a full year, then the house in the walled city shall belong in perpetuity to the buyer, throughout his generations; it shall not be released in the jubilee.

If the original owner cannot redeem the property within a year, it becomes the possession of the buyer in perpetuity. The property is not subject to release in the year of Jubilee.