Frequently Asked Questions
The law in TT requires attorneys to store property transaction data for a period of six years after the transaction and SellReady supports this legal requirement. In addition, a limited set of transaction information will be maintained indefinitely on SellReady and cannot be deleted. This includes the property name and address, the date of the transaction and the names of the buyer and seller. This information is already available in other public records and SellReady enables lawyers to independently verify that the list of transactions is complete and unaltered. If you want other associated personal data to be deleted after the legally required retention period, we will either delete, redact or anonymize your personal data at the end of the retention period but that will prevent SellReady from providing that information to you at a later date. To request deletion please send a request to privacy@sellready.com.
SellReady stores transaction data indefinitely for the purposes of making the completed deed and other transaction documents available to buyer and seller, and to enable a lawyer who is conveyancing the same property in the future to verify the title certified during the current transaction.
SellReady is designed to protect your data. SellReady keeps a record of every instance of data sharing including who shared it, when, with whom and who the recipient is acting for. The system also tracks each access to the transaction and to each associated document. We use industry-standard encryption to safeguard data both at rest and in transit. Your data is stored in the European Union on Amazon Web Services, a world leader in secure data hosting. Our infrastructure is regularly audited and updated with the latest security patches, and we enforce strict access controls, ensuring that only authorized personnel have access to sensitive information. Additionally, we follow best practices in data handling and comply with GDPR regulations to maintain the highest level of security for our users.
The Realtors, Developers, Attorneys and Lenders who are representing the Buyer and/or Seller, or a future attorney who is conveyancing the same property get access to the transaction data.
Ask your Realtor, Attorney or Lender about SellReady.
Any Attorney, Realtor or Lender with access to SellReady can register a property on SellReady. They must upload a deed to initiate the transaction.
SellReady expects to expand to other countries soon. If you are interested in working with us in your country, please Contact Us.
SellReady currently offers service in Trinidad and Tobago.
Real Estate Professionals can Get Access Here
To get access in Trinidad and Tobago you mut be either; * An Attorney at Law who is a member in good standing of the Law Association of Trinidad and Tobago (link to https://lawassociationtt.com/) and registered with the TT Financial Intelligence Unit (link to https://fiu.gov.tt/) * An agent or broker registered with the TT Financial Intelligence Unit (link to https://fiu.gov.tt/)
SellReady uses a round robin algorithm to evenly invite Reviewers to new transactions. This ensures a level playing field. An attorney in individual practice will get the same number of invitations as a firm with many attorneys.
All attorneys on SellReady are eligible to serve as Reveiwers.
The Reviewer notifies the Realtor for the Seller of any issues via the SellReady Platform.
There is no obligation on attorneys to act as a Reviewer in order to use SellReady.
The reviewer does the following via the SellReady Platform; * Reviews the deed and creates a customized checklist of documents for the property. * Provides an initial review of any uploaded documents and approves or rejects each one. * Provides a reason for the rejection of any rejected document. * Answers reasonable questions about the transaction from the Realtor. Any feedback from the reviewer (including the checklist and the acceptance or rejection of any document submitted for review) should be considered informal guidance and not legal advice.
The parties to the transaction are free to use any attorney. If a newly-appointed attorney is already on SellReady, they get immediate access to all the existing transaction information, documents and history, and the Reviewer's access to transaction information is revoked. If the newly-appointed attorney is not on SellReady, they can be invited and granted access by one of the existing transaction participants, or they can independently join and request access.
If no attorney is already engaged by the buyer or seller, SellReady invites one of the attorneys on the SellReady platform to act as Reviewer. If that attorney does not respond within two business days, SellReady withdraws the invitation and invites another attorney to act as Reviewer.
SellReady charges a modest transaction fee to the professional users of the system for each completed transaction.
To request to join our Advisory Board, please Contact Us
The Advisory Board meets approximately once per month, usually via videoconference, to consider changes to SellReady policies and enhancements to SellReady.
The SellReady TT Advisory Board includes from some of the leading attorneys, lenders and realtors in TT.
The policies are defined and revised by SellReady in consultation with an Advisory Board in each jurisdiction that we serve.
