Off-Ramp

The off-ramp process converts onchain ownership back to traditional real estate ownership. The property owner redeems their token in exchange for full traditional title.

Process Overview

Initiation: The token holder initiates redemption through the Fabrica platform.
Document Preparation: Legal documents are prepared to transfer the title out of the holding entity.
Token Redemption: The NFT is redeemed via the smart contract burn() function.
Title Transfer: The deed is recorded, transferring the title from the holding entity to the owner.
Entity Dissolution: The holding entity is dissolved.

What Happens During Redemption

When a token is redeemed (burned):

Action	Result
Supply Reduction	The total supply of the token is permanently reduced/burned.
Ownership Transfer	Legal ownership transfers from the holding entity to the last beneficial owner.
Record Updates	County records are updated to reflect the change.
Trust Dissolution	If a holding entity was used, it is dissolved.

Smart Contract Methods

Redemption is implemented through:

function burn(
    address from,
    uint256 id,
    uint256 amount
) public whenNotPaused returns (bool success)

function burnBatch(
    address from,
    uint256[] memory ids,
    uint256[] memory amounts
) public whenNotPaused returns (bool success)

Emergency Redemption

Property owners always have multiple paths to redeem, even if the Fabrica platform is offline:

Direct Smart Contract Interaction Users can directly invoke the burn() function on the Fabrica smart contract via Etherscan, independently redeeming their tokens.

Legal Assistance A lawyer can assist in drafting a deed from the holding entity into the new owner's name. The Fabrica Trust instrument is explicitly designed to facilitate this process independently, ensuring continuous accessibility regardless of Fabrica's operational status.

Timeline

The off-ramping process typically takes a few hours or days to complete, depending on the jurisdiction and recording requirements.