Real Estate Routes
Two routes. One rule.
Property Transfer (sale/closing)
Construction & Draws (CapEx milestones)
Rule: No EMT, no funds. Every payout happens only after the event is verified and an EMT (Event/Milestone Token) is issued.
What these routes do
They turn real-estate cashflows into evidence-gated settlement. Money sits on-chain as EDUSD 1:1 (fully-reserved escrow). You can pre-assign that EDUSD to all beneficiaries (seller, notary, registry, taxes; or GC, subs, merchants) so everyone sees their allocation, but no one can cash out until the right milestone is verified.
When to use which
Property Transfer — apartment, house, land, commercial asset transfers. Short window, high stakes (identity, title, liens, registry, taxes).
Construction & Draws — progress-based disbursements (foundation → structure → inspections → commissioning). Best ROI for PoV + escrow.
How settlement works (one loop)
Lock funds 1:1 → pre-assign them → verify the event (PoV) → EMT mints → assigned EDUSD auto-pays.
PoV in real estate (what’s verified)
Before any payout, the contract checks three things:
attestor quorum present
all attestations match the same evidence hash
one-claim exclusivity
Typical roles:
Transfer: Notary/Closing Counsel, Title Agent/Insurer, Registry/Recorder, Escrow Agent, Tax Authority (as applicable), Lender/Payoff Lender where mortgages exist.
Construction: Engineer of Record / Clerk of Works, Bank QS / Independent Cost Consultant, Municipal Inspector, GC (countersigned).
If anything is revoked later, payouts freeze (<24h) until corrected attestations issue EMT-R.
EDUSD escrow (what you can rely on)
EDUSD is a non-transferable escrow receipt, 1:1 backed by segregated client-money accounts (issuer/treasurer = regulated escrow trust/PSP; EDMA = tech/program).
You may pre-assign locked EDUSD to any whitelisted beneficiary; they see it day one.
On EMT, their locked EDUSD auto-converts to spendable and pays out (or burns & redeems 1:1 to bank rails T+0/T+1).
Funding SLA: next milestone must have locked EDUSD ≥ 24h before its EMT window; otherwise the EMT sits Pending Funds until topped up (penalties may apply).
Proof-of-Reserves is posted T+0 per funding + daily roll-up.
Fees (snapshot)
Property Transfer: tiered 0.40–1.25% of deal value (cap per property), charged across the closing EMTs; paid in $EDM; 50% burns.
Construction & Draws: 0.35% per draw (caps per draw + project cap); paid in $EDM; 50% burns.
(See each route page for the exact tiers, splits, and caps.)
Paymaster (optional): auto-top-up $EDM so releases never fail for fee shortfall.
Who benefits
Buyers/Sellers/Lenders — transparent, fraud-resistant closings; automatic payoffs, taxes, and seller proceeds.
Owners/Financiers/GCs/Subs — progress-based draws that auto-pay on proof (with lien-waiver and retainage controls).
Notaries/Registries/Title — cleaner evidence chains; fewer disputes; audit-ready settlement.
Not in v1
Residential rent flows. (If needed later: commercial leases with fit-out milestones.)
Where to go next
Property Transfer Route — How it works → PoV → Money flow → Fees → Example
Property Construction Route — How it works → PoV → Money flow → Fees → Example
Remember: No EMT, no funds. Every USD/EURO is visible, reserved 1:1, and auto-paid only on proof.
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