If the town is no longer a region then no and you will have to pay for a new one, to check do this by do /rg i (Town name) but if the town is still going, ORIGINAL OWNERS CAN RECLAIM THEIR ORIGINAL TOWN BACK OFF ANYONE. I think this is right as you were off for several months.

 

The same thing happened to me.. my co-mayor sold it to some guy and im trying to get it back.

 

The server does not support the official transfer of towns from one user to another, however, the means to do so unofficially are provided to users.

Clause V.iii: Returning of Towns to Original Owners
Transfer of towns are at the users own risk. The applicant owner of a town may request their town be returned to them at any time, however, these requests are dealt with on a case by case basis. The administration can choose to accept or deny these requests for any reason, and will not take into account personal deals made between users or refund money back to anyone for the transaction. Personal deals will have to be honoured in these cases on your own terms, and we will only assist them in cases of blatant scams.

 

pm andrewkm on forums.