Property Redemption

To redeem a physical title deed, clients must contact the Avantis team and make a redemption request.
Redemption can be done at any time, but please note that transfer of the title deeds may be subject to taxes and other expenses according to the laws of the specific jurisdiction, in this case, Japan.
After the physical title deed transfer process has been finalized, the corresponding digital deed token will be burnt.
It's important to note that after redemption, the properties will no longer be an asset under Avantis SPV management. The owner will be responsible for all activities and responsibilities related to the properties, such as annual payment of property tax, property maintenance, renting out the properties, extending the hospitality license once it expires and any other legal responsibilities and obligations related to the properties.

Last updated 2 years ago

To redeem a physical title deed, clients must contact the Avantis team and make a redemption request.
Redemption can be done at any time, but please note that transfer of the title deeds may be subject to taxes and other expenses according to the laws of the specific jurisdiction, in this case, Japan.
After the physical title deed transfer process has been finalized, the corresponding digital deed token will be burnt.
It's important to note that after redemption, the properties will no longer be an asset under Avantis SPV management. The owner will be responsible for all activities and responsibilities related to the properties, such as annual payment of property tax, property maintenance, renting out the properties, extending the hospitality license once it expires and any other legal responsibilities and obligations related to the properties.

Last updated 2 years ago