PropiChain
  • Origin & Evolution of Real Estate
  • Introduction
  • The Discovery of Loophole
    • 1️⃣Complex Legals
    • 2️⃣Liquidity Issues
    • 3️⃣Barriers to Entry
    • 4️⃣Limited Transparency
    • 5️⃣Centralized Control
    • 6️⃣Restriction to Markets
    • 7️⃣Lengthy Transaction
  • Blockchain Integration
    • 🔥Clear Transparency
    • 🔥Conditional Logic
    • 🔥Decentralized P2P
    • 🔥Intermediary Removal
  • Smart Contracts
    • ⚙️Title Contract
    • ⚙️Deed Contract
    • ⚙️Identity Contract
    • ⚙️Agreements Contract
    • ⚙️E-Signatures Contract
    • ⚙️Payments Contract
    • ⚙️Escrow Contract
    • ⚙️NFT Contract
    • 🎛️Participants
    • Automation
    • Audit
  • Software Components
    • 🛠️PropiChain Explorer
    • 🛠️API Libraries
    • 🛠️Data Standards
    • 🛠️Transaction Platform
  • Real Estate Tokenization
    • 🖼️Property x NFT
    • 🖼️NFT Legal Framework
    • 🖼️NFT Marketplace
    • 🖼️NFTing in the US
    • 🖼️DeFi Integration
    • 🖼️Fractional Ownership
    • 🖼️Borrowing Against NFT
  • AI Tech in PropiChain
    • 🤖Market Analysis
    • 🤖Property Suggestion
    • 🤖Automated Valuation
    • 🤖AI-Powered Chatbots
    • 🤖Property Filtering
  • PropiChain & Metaverse
    • ✨Virtual Property Tours
    • ✨Virtual Staging
    • ✨Virtual Meetings
    • ✨AR/VR Capabilities
  • Tokenomics
    • 🚀Token Allocation
    • 🚀Presale Stages
    • 🚀Vesting Details
    • 🚀Token Tax
  • Unlock Elite Rewards
  • Frequently Asked Questions
    • ❓Product FAQs
    • ❓Presale FAQs
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  1. Real Estate Tokenization

NFT Legal Framework

The legal framework for NFTing real estate is designed to ensure that the transfer of ownership is both secure and legally binding. When a property is NFTed, it creates a digital record of ownership stored on-chain. During the sale, the associated smart contract automatically updates the legal ownership documents to reflect the new owner. This process, governed by smart contracts, eliminates the need for manual intervention, ensuring that ownership transfers are executed seamlessly and securely.

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Last updated 8 months ago

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