(Topic ID: 167427)

Question regarding contract law as pertaining to repurchase of pin

By Neuromancer87

7 years ago



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  • 2 posts
  • 2 Pinsiders participating
  • Latest reply 7 years ago by jayhawkai
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    #1 7 years ago

    My question is a hypothetical one. Inasmuch as I intend to sell a pinball machine, under contract, to a buyer whom has been fully disclosed the terms of the sale: I wonder if there is there any statute or precedent, particularly in the Uniform Commercial Code, or in my state (California) that would prohibit or void the enforceability of a clause stipulating that after two years have elapsed, I retain the right, during a 30-day period, to repurchase the machine at a 20% premium to the original sale price?

    #2 7 years ago

    Probably not, but contact xTheBlackKnightx. He's a certified internet lawyer:

    https://pinside.com/pinball/forum/topic/knowing-when-to-walk-away-from-a-sale

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