When you put it that way, i disagree. A gift is a gift. Once you give it to someone its their's to do with as they please. A gift with strings is not a gift.
This story is different though, the farmer sold the land for cheap in exchange for some conditions. This situation is more like going back on a contract.
If we are extending this metaphor, given the property passed through many hands, i feel like the equivalent would sort of be like giving a friend a gift, the friend eventually dies, their children sell it when dealing with the estate because they dont have use for the item.