Borrow and lend on Bitcoin: add third party lawyer/solicitor for legal management of the loan

[robinsmith3]

Is it possible to apply this contract to mortgage loans too (loans secured against the value of real estate)?

Which usually requires a solicitor for conveyancing.

"Conveyancing is the legal process involved when ownership of a property is transferred from the seller to the buyer. It can start when your offer is accepted, up until after the sale is completed. The conveyancer will manage tasks including: handling the contract of exchange – negotiating any details, if needed."

If true this would have significant utility if adopted.

[yusufidimaina9989]

Hey @robinsmith3 it is possible, but there are some consideration with i'm currently working on :
1 - Collateral (property) valuation
2 - Ownership verification
Oracle must be use to provide a reliable property's market value and also the contract must handle verification of property ownership.