Feb. 28 at 11:23 AM
$PTKN Johnney needs to be clear on what actions Primior takes
If a tokenized property burns down:
Insurance payout goes to the LLC/SPV owning the building (not directly to you).
Your share depends on platform rules/smart contracts:
• Rebuild: Funds repair/restore → tokens may recover value + ongoing rental income.
• Total loss: Sell land/remains or distribute net proceeds pro-rata (after fees, taxes, debts/mortgages).
• Liquidation: Entity winds down, pays obligations → distribute what’s left proportionally. Tokens often worthless/redeemed.
Pro-rata example: Own 1% tokens? Get ~1% of net proceeds (e.g.,
$8K from
$800K after costs).
Not guaranteed full recovery—risk delays, underinsurance, or losses. Check platform docs!