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Are people giving him back or is it more like rent?
I think Roman slavery was usually like a contract thing. You're enslaved for x months/years and these are the kinds of things you can be expected to do.
Not an expert though.
That's Nexum, possibly. Slaves taken in pirate raids or as war booty were slaves for life, as were vernae. They could achieve freedom by various means, but it was not assumed or an inherent part of the process.
If you're selling someone multiple times you're probably dealing with nexum, which would sort of be like... renting your child out I suppose. Or like using your kid as collateral? I don't really know the exact mechanics here.