Quote from: GiftedMAN on June 07, 2025, 07:54:17 PM

Quote from: Futurexxx on June 07, 2025, 01:35:58 PM

Ok let me ask you, if you purchase a land legally in your locality, everything pertaining to ownership is transfered to you, the rest decisions is left for you wether to start developing the land or start using it for agriculture, so even if you decide to give it out for rent, it's your business because it's now yours.

No need to ponder on this question because it's self explanatory, once you have completed your payments which is the thing that makes you the owner of the property, pending when your documents will be fully documented the land automatically becomes yours and you decide what you want to do with the land.

If you decide to start using it for agriculture I don't think LandDAO will stop you since you are now the sole owner of the property but it the agreement says you can only develop the land and not engage in any agricultural practices, then the investor must abide by the agreement.

LandDAO doesn’t operate like a traditional real estate company. You’re not purchasing land directly, but acquiring NFTs governed by DAO rules and smart contracts.

Quote from: CryptSafe on Today at 07:58:20 PM

I have been having this thought of asking the team this question. Maybe it might skip others and I also believe people out there would want to also know about this aspect of ownership of properties through LandDao concepts and tokenization.
Buying landed properties through smart contracts is quite a good innovation and as a matter of fact, it makes owning of assets and investment very easier for investors all over the world irrespective of where you come from but I think the team should explain to us how they would handle the government aspect of this purchase of properties because in some countries, the government must be involved in such purchase so as to get a C of O to that properties and other activities which involves the government which must also be met before there is a change of ownership. How will the LandDao team handle this and integrate it into the smart contracts so it can be recorded onchain.

Great question. LandDAO works with local custodians and legal structures to ensure compliance