THE (BLOCK) CHAIN GANG: FUTURISTIC FINANCE From digital currencies like Bitcoin to decentralized real
estate ownership records, the blockchain continues to be one of the tech world's most promising and perplexing technologies.
Not exact matches
Blockchain solutions could improve efficiency in real
estate transactions by reducing paper documentation and immutable
ownership records.
«It is on
record that apart from the Abuja residence of Amaechi he has no other single plot of land in any part of this country, so linking him to the
ownership of the contentious Ikoyi
estate and the huge sum found in it is nothing but an insidious plot to give a dog a bad name in order to hang it.
A practice of saving paperwork for one year after the relevant statute of limitations for a lawsuit expires is common, but some kinds of paperwork needs to be retained much longer such as vital statistics
records (e.g. birth certificates, marriage certificates and divorce decrees) that can prove citizenship and marital status, documents showing the purchase price of property that may later be sold until it is sold (for tax purposes), documents that prove
ownership of property that is still owned, documents that prove final payment of debts, many documents related to a divorce, and many documents related to
estate planning.
In a recently completed pilot, Chicago's Cook County Recorder of Deeds tested the transferring of real
estate ownership on a Blockchain platform and how this would be conveyed into the public
record.
• Documented success in inspecting county
records for residential and commercial properties, with a view to verifying
ownership of all real
estate • Profound experience in working to resolve issues such as missing or contradictory information in title documents • Adept at making UW decisions according to established guidelines, and liaising with underwriting legal teams • Qualified take control of terrorist watch list and carry out name searches to ensure safety
The real
estate company obtained the purchase option as part of a small
ownership stake when Starwood bought Triangle Plaza in 1998 for $ 98 million, according to sources and property
records.
Crowdfunding portals first check the developers and their track
record in real
estate deals before looking at the legal
ownership and investment upside on the property.