Ruth 4:3 - Ellicott's Commentary On The Whole Bible

Naomi selleth... — Rather, the portion of land, which belonged to our brother Elimelech. has Naomi sold. The present tense of the English Version seems to suggest that the sale is taking place at this particular time, but the meaning clearly is that Naomi, as the representative of the dead Elimelech had, so far as it was possible for an Israelite to part with a family estate, sold the land to obtain in some sort the means of living. In the year of Jubilee, the property would return to the family, on which it was, so to speak, settled, but Boaz proposes to the Goel that he should redeem the property at once. We might perhaps compare this to the owner of a freehold buying from a leaseholder under him the residue of his lease, so that he may occupy his own estate.