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by RandomLensman
1297 days ago
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Thanks, I see. The NFT purchase gives ownership of SPV and directly putting the name in the land register burns the NFT, i.e., NFT does not give direct land ownership immediately? Unless, of course, direct ownership in the UK is possible without being named in the land register (interest/tax is different) - don't know the specifics there. In other countries this could be similar to signing a contract to purchase land which creates interest and tax liability prior to entry in registry, but final source of who owns it in the end is a registry. |
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