Add a Property
Adding a property (aka tokenizing it) is what unlocks everything else: once your land is a token, you can sell it in minutes or borrow against it (including land that banks won't lend on), without re-recording a deed for each transaction. Adding a property transforms traditional ownership into a digital asset that can be used onchain.
The entire process requires just 10 minutes online from the property owner. Start here: Add your property
Process Overview
- Property Submission: The owner provides property information to Fabrica or another validator.
- Title Review: The validator verifies ownership, chain of title, and encumbrances.
- Identity Verification: The owner completes KYC/AML verification (see Regulatory Framework).
- Legal Wrapper Creation: A holding entity (typically a Fabrica Trust) is created to hold the title.
- Document Signing: The owner signs deed and trust documents via a remote online notary.
- Recording: The deed is recorded at the local jurisdiction, transferring title to the holding entity.
- Token Issuance: An NFT is issued via the smart contract
mint()function.
Title Review Process
When a user initiates tokenization, the validator conducts a comprehensive review that confirms:
| Check | Description |
|---|---|
| Present owner identity | Identifies who is named as grantee on the most recently recorded deed. |
| Chain of title | Confirms deeds record transfers from grantors to grantees in a chain. |
| Encumbrances | Identifies any liens or encumbrances that may affect the property. |
| Legal description | Ensures a match between prior deeds and the onchain description. |
Liens and Encumbrances
Properties with existing liens can still be added, but these affect the confidence score and may restrict certain features:
| Encumbrance Type | Impact |
|---|---|
| Tax liens or due taxes | Unpaid property taxes affect the confidence score. |
| Mortgage liens | Outstanding loans may restrict lending features. |
| Any other involuntary liens | Outstanding issues may affect the ability to add the property. |
Owners should resolve liens to maintain a healthy confidence score and full utility of their property token.
Notarization and Recording
Users receive a link to meet remotely with an online notary and sign documents. In jurisdictions where online notarization isn't available, remote or in-person notarization can be arranged.
Signed documents are then:
- Electronically submitted to counties via e-recording, or
- Physically mailed to counties lacking digital processes.
The final notarized and recorded deed is also attached directly to the Property Token, enabling buyers and lenders to verify the outcome and cross-check with county records.
Result
After the property is added:
- The property title is held by the holding entity (e.g., Fabrica Trust).
- The property token represents beneficial ownership of the property.
- The token holder has full property rights as defined in the Operating Agreement.