Evidence before allocation.

Title and tenure Critical

Current registry, survey, encumbrances, tenure duration and legal investor eligibility.

Shoreline and access rights Critical

Boundary, public access, easements, foreshore rights and beach-use permission.

Rental and planning permission Critical

Lawful short-stay operation, zoning, permits, occupancy limits and association rules.

Coastal engineering Critical

Elevation datum, erosion, wave run-up, surge and projected shoreline change.

Structures and ground stability Critical

Salt corrosion, foundation condition, cliff stability, drainage and repair budget.

Insurance and deductibles Critical

Written quote, wind/flood exclusions, limits, deductibles, interruption cover and renewal.

Income evidence

Monthly realized rates, available nights, occupancy and net operator statements.

Operations and utilities

Manager contract, staffing, water, power, wastewater, road access and recovery plan.

Capital and reserve plan

Refurbishment scope, recurring renewal, special assessments and cash-call policy.

Tax and currency Critical

Income/transaction tax, withholding, FX, repatriation and investor-specific treatment.

Token and governance rights Critical

Legal claim, voting, use entitlements, custody, dilution, valuation and manager removal.

Exit and independent valuation

Comparable sales, buyer eligibility, transfer limits and actual redemption funding.