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Mayur
Jul 3

USA Real Estate Firm Puts New York Building for Sale as NFT

The NFT gives the buyer exclusive rights to “acquire the building all its uses rights & related deed covenants,” the firm said in a statement. “Due to the nature of real estate sales, the sale of the NFT does not warrant the completion of the real estate transaction, or reflect the transfer of the deed or title. The traditional real estate process must still be complete,” it explained. Okada & Company is selling a 46,299 sq. feet property in the USA, in New York City’s prestigious Chelsea nei...
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