See this website for details about the new deed system introduced in February of 2010: http://sites.google.com/a/wurmonline.com/new-deed-system/
<span style="color:red;">'''Placing or Trading an already Placed Settlement requires [[Premium]] Time. If premium time expires for the mayor, the mayor DOES NOT lose the deed or their role as mayor.'''</span>
The mayor is the most important citizen of a settlement. <span style="color:red;">'''A [[player]] may only be a citizen of one settlement at a time.'''</span>