One of the most common questions from homeowners considering blockchain deed protection is what happens at resale. The answer is straightforward — and it actually creates more value, not less.
Your Tier 2 blockchain deed does not block, complicate, or delay a traditional home sale. It works alongside the standard process — and the new buyer benefits from a clean, verifiable ownership history.
At a Glance
What it is: Your property address is registered as a permanent digital record on the Base blockchain.
At sale: The Tier 1 NFT remains in your wallet as a historical record of your ownership. It is not legally required to transfer it to the buyer. However, as a courtesy — or as part of a new minting package for the buyer — it can be transferred via any Base-compatible NFT marketplace.
What it is: Your deed is encrypted, stored on IPFS, and minted as an immutable onchain title tied to your wallet.
At sale: When you sell the property through a traditional closing, you notify Propy of the sale. Propy then burns (permanently destroys) the Tier 2 deed NFT, since it represented your ownership and you no longer own the property. The new buyer starts fresh — and if they want the same protection, they will need their own Tier 2 mint.
What it is: Your property is fully tokenized as a Real World Asset NFT. Legally, whoever holds the NFT owns the property.
At sale: The NFT IS the sale. Selling the property means transferring the NFT to the buyer on Propy's marketplace. Smart contracts execute the entire transaction — payment, ownership transfer, and deed recording — simultaneously. No traditional closing required. The process can be completed in under 30 minutes.
Step by Step
When you are ready to sell a property protected by a Tier 2 blockchain deed, here is exactly what to do.
Work with your real estate agent to list and market your home exactly as you would in any traditional sale. Your Tier 2 blockchain record does not interfere with the listing process in any way.
Inform your title company that the property has a Tier 2 onchain deed record on PropyKeys. Share the link to your onchain record so they can reference it during the title search. This can actually speed up the title search process.
The traditional closing proceeds as usual. The county records the new deed in the buyer's name. Your Tier 2 blockchain record serves as a supplemental fraud-protection layer throughout the process.
After the sale closes, contact Propy to notify them that the property has changed hands. Propy will burn (permanently destroy) your Tier 2 deed NFT, as it represented your ownership and you are no longer the owner.
The new buyer, if they want the same blockchain deed protection, will need their own Tier 2 mint. Your onchain ownership history remains on the blockchain as a permanent, verifiable record of your stewardship of the property.
Yes — it is a good idea to mention it. Your realtor does not need to do anything differently, but knowing about the onchain record means they can mention it as a selling point to buyers and ensure the title company is aware during the title search.
No. The traditional closing process proceeds entirely on its own timeline. The blockchain record is a supplemental layer, not a gating requirement. If anything, it can speed up the title search by providing instant, verifiable ownership verification.
The Tier 2 NFT will simply remain in your wallet as a historical record. It does not transfer any rights to anyone else, and it does not affect the new owner's legal title. However, it is best practice to notify Propy so the record is properly closed out.
You can transfer the Tier 1 NFT to the new buyer as a courtesy so they have the address registration in their own wallet. Alternatively, they can mint a fresh one when they set up their own deed protection.
No. Property taxes are assessed by your county based on the official recorded deed — the blockchain record has no bearing on this. Title insurance is also issued based on the traditional title search. The blockchain record is an additional layer of protection, not a replacement for any existing legal or financial instrument.