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Our collaboration service Electronic Property Settlement (Elektronisk Eiendomsoppgjør), enables collaboration between bank and broker. This enables a bank to send the mortgage document to the broker for registration in the Land Registry, as part of a document package, together with the deed, which enables use of digital documents in the process of buying a house(realty). To do so we have implemented the possibility to generate documents for the future owner (buyer) so that, together with the deed, it will both change ownership and establish collateral for the bank, via the broker/real-estate agent.
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Figure 7 Collaboration overview
New, easier flow with Etinglysing version 51.38
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