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Delisting & Withdrawing Properties
Users that own
LandWorks NFT are to withdraw the land from the marketplace. Once executed, the transaction:- Pays out the accumulated rent to the
LandWorks NFTowner - Transfers and burns the
LandWorks NFT - Transfers the original Land/Estate
NFTto theLandWorks NFTowner
The protocol does not track which address provided the land. The address that added the land can be different from the address that removes the land from the protocol. The
LandWorks NFT represents the right to remove the land, update the lending conditions and claim the rent fees.The land can be removed from the protocol only if it does not have a
ruler. If the land has a ruler, triggering the remove land method "takes the land off the market" (delisted status) and enters it in a state of "for withdrawal". Scheduled rents will be honoured, but no new rents will be accepted.Last modified 1yr ago