Property Transfer Route

What this route does.

This route turns a property sale/closing into evidence-gated settlement.

Your money sits in escrow on-chain as EDUSD 1:1 (fully reserved). You can pre-assign that EDUSD to all parties (seller, notary, registry, taxes, payoff lender) so everyone sees their allocation, but no one can cash out until the right event is verified and an EMT (Event/Milestone Token) is issued.

No EMT, no funds. Result: faster, safer closings with automatic payoffs, fees, and seller proceeds, a live audit trail, and fewer disputes.

How it works

Buyer (5 steps)

1

Contract

Sign one MPA with EDMA (roles, fees, law/arbitration).

2

Fund escrow → EDUSD 1:1.

Your deposit mints EDUSD, locked by tranche. Pre-assign amounts to Seller, Notary, Registry, Taxes, and Payoff Lender (if any). Everyone sees their allocation; no one can cash out yet.

3

Notary/Execution

Deed is executed; identities verified → EMT-Notary.

4

Payoff & Lien Release

Existing mortgage(s) paid; releases posted → EMT-Payoff.

5

Registry

Filing accepted → EMT-Filed; title updated + handover → EMT-Confirm → all remaining assigned EDUSD auto-pays; close.

Funding SLA: the next milestone must have locked EDUSD ≥ 24h before its window. If not, the EMT becomes Pending Funds and penalties accrue per MPA; unaffected tranches can still complete.

Seller

1

Prepare

Provide deed/ID; payoff letters; lien docs; tax/HOA items.

2

See allocations

Your proceeds show as locked EDUSD (plus lines for payoff, taxes, registry).

3

Milestones → EMTs

Notary → Payoff → Filed → Confirm.

4

Auto-pay

On EMT-Confirm, your locked EDUSD becomes available for spending or converting into fiat.

5

Revocation SLA & EMT-R

Revocation freezes releases < 24h; corrected attestations mint EMT-R (linked to the revocation hash) and payout resumes.

How PoV(Proof of Verification) works

Before any payout the contract checks all three:

1. Attestor quorum present (independent roles; live keys)

2. Equality of evidence (all attestations point to the same evidence hash)

3. One-claim exclusivity (each stage can finalize once network-wide)

If a counted attestation is revoked, payouts freeze (<24h); corrected attestations mint EMT-R and payouts resume.

Milestones & PoV

M1 — Notary / Execution

• Capture: deed + KYC/KYB + signing minutes (hashed).

• Verify (quorum): NOTARY/COUNSEL, ESCROW_AGENT (funding state).

• Payout: EMT-Notary → pre-assigned notary/tax service lines may pay.

M2 — Payoff & Lien Release (most deals)

• Capture: payoff letter(s), wire refs, lien release instruments.

• Verify: TITLE_AGENT/INSURER, ESCROW_AGENT (wires executed), optional PAYOFF_LENDER.

• Payout: EMT-Payoff → payoff lender auto-paid from its pre-assignment.

M3 — Registry Filed

• Capture: filing receipt/number + deed hash.

• Verify: REGISTRY (filed), TITLE_AGENT/INSURER (encumbrance pack matches).

• Payout: EMT-Filed → stamp/transfer/recording fees auto-paid.

M4 — Registry Confirmed + Handover

• Capture: updated title extract; possession/utility switch.

• Verify: REGISTRY (confirmed), TITLE_AGENT/INSURER (releases recorded / CPL if needed), ESCROW_AGENT (final auth).

• Payout: EMT-Confirm → seller proceeds auto-paid; close.

  Holdback (fallback): if registry confirmation lags, pay X% to seller and hold (100−X)% until confirmation or insurer coverage is posted.

All milestone timestamps are UTC.

Money flow — simple and safe

• What EDUSD is. A minted stable coin, always 1:1 backed by segregated client-money accounts. Issuer/treasurer = regulated escrow trust/PSP; EDMA = tech/program manager. Only whitelisted wallets can hold EDUSD.

• Pre-assign immediately. As soon as EDUSD is locked, the payer pre-assigns slices to Seller, Notary, Registry, Taxes, Payoff Lender, etc. Everyone sees their line-item from day one.

• Auto-settle on EMT. When the relevant EMT mints, assigned locked EDUSD auto-converts to spendable and pays that party (or burns & redeems 1:1 to bank rails T+0/T+1).

• Pending Funds. If a tranche isn’t pre-funded ≥24h pre-EMT, the EMT is Pending Funds; late interest accrues to beneficiaries until funded (per MPA).

• Proof-of-Reserves. Posted on-chain T+0 per funding + daily roll-up.

Fees

Total platform fee (by deal size; cap per property):

• ≤ $250k: 1.25% (min $2,500)

• $250k–$1m: 0.85%

• $1m–$5m: 0.60%

• > $5m: 0.40%

• Cap: $150,000

Collected on EMTs: 40% at Notary, 40% at Filed, 20% at Confirm.

Who pays: default 50/50 Buyer–Seller (configurable in MPA).

How paid: in $EDM at each release; 50% burns.

Paymaster (optional): auto-top-up $EDM so releases never fail for fee shortfall (payer-set ceiling).

Examples

A) $300,000 condo (0.85% tier)

• Total fee: $2,550 → $1,020 / $1,020 / $510 on Notary / Filed / Confirm (burn $510 / $510 / $255).

• Flow: Fund → pre-assign taxes/registry/seller → EMT-Notary → EMT-Filed (tax/registry paid) → EMT-Confirm (seller paid).

• If registry lags: pay e.g. 90% to seller; hold 10% until confirm/CPL.

B) $2,000,000 transfer (0.60% tier) with payoff

• Total fee: $12,000 → $4,800 / $4,800 / $2,400 (burn $2,400 / $2,400 / $1,200).

• Pre-assign: Payoff $950k; Taxes $20k; Registry $800; Seller remainder.

• EMT-Notary: notary service line pays.

• EMT-Payoff: lender paid; releases recorded.

• EMT-Filed: stamp/recording fees paid.

• EMT-Confirm: seller paid; utilities switched; close.

• PoR posted at funding; all times UTC.

What you need to prepare

Buyer

• MPA signed

• Escrow funded → EDUSD 1:1

• Pre-assign lines (seller/notary/registry/taxes/payoff)

• Next tranche locked ≥ 24h pre-EMT

• $EDM fee gauge green (or Paymaster ON)

• basic KYC/KYB.

Seller

• Deed/ID

• Payoff letters

• Lien docs

• Tax/HOA items

• Utility handover readiness

• Watch EMTs; if anything changes, send corrections fast (revocation ⇒ EMT-R).

Notary / Title / Registry / Escrow / Lenders

• Attest on time; publish corrections fast (revocation <24h SLA).

Why this is better

• Integrity by design: nobody gets paid until the right people say the right thing about the right documents.

• Faster closings: automatic payoffs, taxes, fees, and seller proceeds when milestones hit.

• Less risk: escrow leakage, deed fraud, and missing lien releases are blocked in code.

• Full visibility: EDUSD shows who will be paid and how much—day one.

• Audit-ready: every step is time-stamped, signed, and exportable.