The Property Sector's Bottleneck
A typical property transaction: a buyer finds a property and initiates the offer process. The agent must verify: it's free from encumbrances, there are no outstanding mortgages, no usufructs or similar third-party rights, it's not subject to legal proceedings, and the cadastral documentation matches the deed.
In the best-case scenario, this consumes 3-4 hours of searches across land registries, municipal databases, and consultations with legal professionals. For complex transactions (investment properties, properties with historical encumbrances), this can take days.
Meanwhile, the potential buyer may lose interest. 'Offeror B' simply moves faster.
PropertyRAG: Instant Documentation
PropertyRAG integrates information from land registries, commercial registries, cadastral records, and legal proceedings databases. When you enter an address:
- Second 3: Extracts status of encumbrances, mortgages, liens and attachments
- Second 5: Verifies consistency with cadastral records
- Second 7: Searches for related legal proceedings
- Second 9: Generates a legal risk report with recommendations