[Contract] Safe Sale of an Eff7 (Star Pick)

Discussion in 'Approved Contracts Archive' started by subxplorer, May 11, 2016.

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  1. subxplorer

    subxplorer Mayor for Life
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    IGN: @subxplorer

    Users Involved in this Contract: @moopmoop00

    General Purpose of Contract: To ensure the safe sale of an Eff7 Star Pick over 8 weeks

    I (the contract initiator) agree to the following terms, and agree that my failure to complete such terms will result in a breach of contract, as outlined in Rule 3:

    I @subxplorer will give @moopmoop00 my Eff7 Pick, (Eff 7 Unbreak 3 Silk touch 1) with Item ID # IMCMZIM6 within 1 hour after the contract is approved and the down payment of 150K is received.

    I will remain as the owner of the Eff7 Pick with item ID # IMCMZIM6 until the entire payment plan has been paid off.

    I will transfer the ownership of the Eff7 Pick with item ID # IMCMZIM6 to @moopmoop00 within 24 hours of receiving the complete $950,000.

    The other user(s) involved with this contract must agree to the following terms:

    @moopmoop00 will pay $150k upfront (within 1 hour of this contract being approved).

    @moopmoop00 will pay 800K in eight weekly payments of 100k. The payments will be made to signs set up in Legacy World at coordinates (X -3836, Y 79, Z 105) The payments are due on the dates outlined below:

    Week 1 - 100K - 5/18/2016
    Week 2 - 100K - 5/25/2016
    Week 3 - 100K - 6/1/2016
    Week 4 - 100K - 6/8/2016
    Week 5 - 100K - 6/15/2016
    Week 6 - 100K - 6/22/2016
    Week 7 - 100K - 6/29/2016
    Week 8 - 100K - 7/6/2016

    @moopmoop00 will not rent, sell, or transfer this Eff7 Pick with item ID # IMCMZIM6 to anyone else until the full amount has been paid off.

    If @moopmoop00 loses/breaks the Eff7 Pick with item ID # IMCMZIM6, he will continue to pay off the full payment plan.

    The payment plan will end should one of the two following cases come to apply.

    1. If a payment is more than 3 days late, a complaint will be filed and @moopmoop00 will have to give the Eff7 Pick with item ID # IMCMZIM6 back to @subxplorer without any refunds.

    2. @moopmoop00 agrees that if any conditions of this contract are broken, he will have to return the Eff 7 Pick with item ID # IMCMZIM6 back to @subxplorer without any refunds.

    I agree that the terms in this contract are subject to all of EcoCityCraft's rules, including the rules listed specifically in this forum. I understand that the contract may be affected by future changes in EcoCityCraft rules and server updates, and I accept that due to the possibility of such changes, this contract may be at my own risk. I understand that the contents of this contract are subject to staff assessment, review and approval before it is a binding contract under EcoCityCraft rules. I accept that action may not be taken in case of a breach of contract if appropriate and sufficient evidence is not provided of such.: Yes
     
    #1 subxplorer, May 11, 2016
    Last edited: May 11, 2016
  2. moopmoop00

    moopmoop00 Builder
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    IGN: @moopmoop00

    I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: I understand the terms layed out by @subxplorer and I understand a failure to complete this will result in punishment.
     
  3. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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    Hello guys a couple of things need to be fixed before i can proceed and approve the contract.

    Please put a timeframe such as "withing 1 day" instead of immediatly

    Please state that the payment plan will end should one of these 2 cases come to apply.

    After @subxplorer changes the contract @moopmoop00 will have to re-agree to it using the correct format.
     
    #3 maroiogog, May 11, 2016
    Last edited: May 11, 2016
  4. subxplorer

    subxplorer Mayor for Life
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    Changes have been made.
     
  5. moopmoop00

    moopmoop00 Builder
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    IGN: @moopmoop00

    I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: I understand the terms layed out by @subxplorer and I understand a failure to complete this will result in punishment.
     
  6. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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    Hello guys, the contract looks good so i'll approve it. Please remember to take timespamped screenshots of all transactions by double tapping f2. Once you've done that enjoy the profits made from this deal.

    Locked, approved.
     
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