Real Estates

Extended Real Estate Tokenization

OAE enables the digitization and tokenization of various property rights beyond simple ownership, such as leases and other non-ownership rights. These tokens can represent different legal relationships with property, like the right to use or lease the land.

Practical Example: Consider a commercial building with multiple lease agreements. Each agreement can be tokenized into a separate digital asset on OAE. These lease tokens can be bought, sold, or transferred independently of the property's ownership. For example, a business might sell its long-term lease rights to another entity, or an individual could acquire perpetual usufruct rights to use a piece of land without owning it. This approach opens up new investment opportunities and facilitates dynamic management of real estate rights.

Co-owned Holiday Homes

OAE facilitates the tokenization of ownership for holiday homes in exotic locations, allowing multiple owners to share property rights and manage usage schedules through blockchain technology.

Practical Example: Imagine a picturesque villa by the sea in Greece. Through OAE, this property is tokenized into divisible ownership shares. Investors can purchase these shares, gaining partial ownership of the holiday home. The blockchain platform organizes and enforces a usage schedule, ensuring that each co-owner can access the property fairly according to the proportion of their ownership. This system not only simplifies the management of shared holiday properties but also enhances transparency and reduces potential conflicts among owners, making it an ideal solution for those looking to invest in vacation real estate without the hassle of sole ownership responsibilities.