Smart property and smart contracts under Spanish Law in the European context

This article analyses the civil and registry implementation of smart property in real estate in Spain from a European perspective. To this end, a general theory is developed for smart property in real estate and transactional smart contracts, paying particular attention to remedies and property acqu...

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Detalhes bibliográficos
Autor: Argelich Comelles, Cristina
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2022
País:España
Recursos:Universidad Autónoma de Madrid
Repositório:Biblos-e Archivo. Repositorio Institucional de la UAM
OAI Identifier:oai:repositorio.uam.es:10486/704571
Acesso em linha:http://hdl.handle.net/10486/704571
Access Level:Acceso aberto
Palavra-chave:derecho a la propiedad
España
tecnología blockchain
smart property
smart contract
Derecho
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spelling Smart property and smart contracts under Spanish Law in the European contextArgelich Comelles, Cristinaderecho a la propiedadEspañatecnología blockchainsmart propertysmart contractDerechoThis article analyses the civil and registry implementation of smart property in real estate in Spain from a European perspective. To this end, a general theory is developed for smart property in real estate and transactional smart contracts, paying particular attention to remedies and property acquisition. Based on the remedies suggested by Nick Szabo in his formulation of smart contracts and smart property, such as the smart lien and the property club, other remedies adapted to our Law will be proposed, due to the ineffectiveness of Szabo's remedies in the Spanish context. In this regard, attention will be paid to the types of acquisition of real rights, the validity and effectiveness of transactional smart contracts, the remedies for breach of contract, and the modifications to registration that these remedies require. Smart real estate requires the tokenization of property and the linking of the digital asset with the real asset. For this purpose, the functions of tokens and the remote control of real estate, the tokenization of real tradition, and the implementation of property technology (PropTech), in particular, the Internet of Things, will be addressed. Finally, blockchainization of the registry will be examined from the perspective of the Land Registry Interconnection and the Interoperability Model for Land Registers (IMOLA) platform in the EU and Alastria Blockchain Ecosystem in Spain, as well as its legal adaptations regarding registry qualification and registry effects in terms of adverse possessionThis work has been undertaken in the context of these Spanish Ministry of Science and Innovation Projects: Law & AI: last trends on robotic personality and civil liability, PID2019-108669RB-100/AEI/ 10.13039/501100011033 PI: Prof. Dr. Margarita Castilla Barea; Living in community: new rules for new models, PID2020-112876GB-C31, PI: Prof. Dr. Sergio Nasarre-AznarWolters KluwerUAM. Departamento de Derecho Privado, Social y Económico2022info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttp://hdl.handle.net/10486/704571reponame:Biblos-e Archivo. Repositorio Institucional de la UAMinstname:Universidad Autónoma de MadridInglésEuropean Review of Private Lawhttps://doi.org/10.54648/erpl2022011Gobierno de España. PID2019-108669RB-100Gobierno de España. PID2020-112876GB-C31info:eu-repo/semantics/openAccessoai:repositorio.uam.es:10486/7045712025-07-23T07:40:42Z
dc.title.none.fl_str_mv Smart property and smart contracts under Spanish Law in the European context
title Smart property and smart contracts under Spanish Law in the European context
spellingShingle Smart property and smart contracts under Spanish Law in the European context
Argelich Comelles, Cristina
derecho a la propiedad
España
tecnología blockchain
smart property
smart contract
Derecho
title_short Smart property and smart contracts under Spanish Law in the European context
title_full Smart property and smart contracts under Spanish Law in the European context
title_fullStr Smart property and smart contracts under Spanish Law in the European context
title_full_unstemmed Smart property and smart contracts under Spanish Law in the European context
title_sort Smart property and smart contracts under Spanish Law in the European context
dc.creator.none.fl_str_mv Argelich Comelles, Cristina
author Argelich Comelles, Cristina
author_facet Argelich Comelles, Cristina
author_role author
dc.contributor.none.fl_str_mv UAM. Departamento de Derecho Privado, Social y Económico
dc.subject.none.fl_str_mv derecho a la propiedad
España
tecnología blockchain
smart property
smart contract
Derecho
topic derecho a la propiedad
España
tecnología blockchain
smart property
smart contract
Derecho
description This article analyses the civil and registry implementation of smart property in real estate in Spain from a European perspective. To this end, a general theory is developed for smart property in real estate and transactional smart contracts, paying particular attention to remedies and property acquisition. Based on the remedies suggested by Nick Szabo in his formulation of smart contracts and smart property, such as the smart lien and the property club, other remedies adapted to our Law will be proposed, due to the ineffectiveness of Szabo's remedies in the Spanish context. In this regard, attention will be paid to the types of acquisition of real rights, the validity and effectiveness of transactional smart contracts, the remedies for breach of contract, and the modifications to registration that these remedies require. Smart real estate requires the tokenization of property and the linking of the digital asset with the real asset. For this purpose, the functions of tokens and the remote control of real estate, the tokenization of real tradition, and the implementation of property technology (PropTech), in particular, the Internet of Things, will be addressed. Finally, blockchainization of the registry will be examined from the perspective of the Land Registry Interconnection and the Interoperability Model for Land Registers (IMOLA) platform in the EU and Alastria Blockchain Ecosystem in Spain, as well as its legal adaptations regarding registry qualification and registry effects in terms of adverse possession
publishDate 2022
dc.date.none.fl_str_mv 2022
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10486/704571
url http://hdl.handle.net/10486/704571
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv European Review of Private Law
https://doi.org/10.54648/erpl2022011
Gobierno de España. PID2019-108669RB-100
Gobierno de España. PID2020-112876GB-C31
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Wolters Kluwer
publisher.none.fl_str_mv Wolters Kluwer
dc.source.none.fl_str_mv reponame:Biblos-e Archivo. Repositorio Institucional de la UAM
instname:Universidad Autónoma de Madrid
instname_str Universidad Autónoma de Madrid
reponame_str Biblos-e Archivo. Repositorio Institucional de la UAM
collection Biblos-e Archivo. Repositorio Institucional de la UAM
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15.638193

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