Protocol Counsel at AI Layer Labs | JD/MBA | Licensed Attorney (IA) | Certified Cryptocurrency Forensic Investigator (CCFI) | Governance Lead at LexDAO
May 4, 2022 • 7 tweets • 2 min read
Web3 lawyers, if you’re building or helping build a product that tokenizes land or indexes interests in land, you really need to look into the equitable Iowa Title Guarantee system. It’s the last of its kind in the US and results in the cleanest titles in the country
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ITG is an alternative to title insurance, which is used by every other state in the union. ITG is a “guarantee system” rather than an “assumption of risk system.” ITG is a guarantee that lenders and owners will receive clear title by resolving all defects prior to closing.