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  • Is there a plan to address moving that paper trail to smart contracts in order to reduce the timeline for the sale of a property?
July 7, 2022

Is there a plan to address moving that paper trail to smart contracts in order to reduce the timeline for the sale of a property?

Is there a plan to address moving that paper trail to smart contracts in order to reduce the timeline for the sale of a property?

by MUXE BV / Tuesday, 28 January 2020 / Published in

For smart contracts; includes transactions on legal; duty fees; stamp fees which customer can deal directly with the relevant parties or work through a professional appointees who can consolidate these paper work for a reasonable fees unlike the current situation whereby there are agency’s fees, duties, stamp fees, legal, etc. This can easily set the buyer back 5-10% above the property’s price with these fees.

Other than smart contracts; real estate can benefit on
Blockchain to
1) itemise the property’s inventories or features etc.
2) strata titles
3) deeds
4) ownership verifications

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