Sooner or later a professional will ask how your Fabrica property is held: an attorney drafting your will, a title company handling a sale, a lender reviewing your assets. This page gives you the plain answer to hand them. Feel free to share it, along with the trust agreement itself.
The one-paragraph summary
Each property sits in its own trust, and that trust holds record title at the county. You own your property through your own trust. You are the beneficiary, and by default you are also your own trustee. Fabrica never holds title to your property and cannot control it. The digital Property Token represents ownership of the trust: transfer the token, transfer the property.
For your attorney
The trust agreement is open source and versioned. Anyone can read the exact document that governs your property, and your property’s own signed copy is on its property page: open the Legals card, then the Documents menu.
Deeds are recorded normally at the county recorder’s office. The trust appears in the public record like any other titled owner.
The trust is governed by California law, while conveyancing follows the law of the state where the property sits.
California’s Board of Equalization determined that “a transfer of the Fabrica Token is a transfer of the underlying real property itself”. That is a California determination from a 2022 letter, not a 50-state ruling, but it is a useful reference point for how the structure is read.
For your title company or lender
A conventional closing out of the trust is always possible. The off-ramp process records a fresh deed into the owner’s name at the county, after which the property is held the ordinary way and the trust dissolves. So nothing about the trust prevents a traditional sale, refinance, or title work: the property can always be moved back to a plain recorded deed first.
For tax purposes
For tax purposes, you are treated as the property’s owner. Questions about how to report the trust on your returns, or whether it needs its own tax ID, are for your tax professional. We can’t advise on that, and this article isn’t tax advice.
Share the documents
The fastest way to get a professional comfortable is to let them read the actual paperwork. Share this article, the trust agreement from your property page, and the deep dives below. If they still have questions, ask us in the chat and we will help you find the answer.
If your professional is a title agent, escrow officer, or underwriter, point them to our dedicated page: “For title professionals: insuring and closing a property held in a Fabrica trust” in the officials section of this help center. It covers the structure in title terms, the document checklist, and signing requirements.
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