Mattereum Asset Passport
Coastal Land Milford on Sea Lymington

This is a Mattereum Asset Passport. It is used to prove the value of physical objects. The physical objects are bound to an Ethereum blockchain NFT. The Mattereum Asset Passport is made of a series of signed legal statements about the valuable attributes of the physical object. In most cases, you can buy a legal warranty on these legal statements, protecting you in case of error or fraud.

Disputes are heard using special legal procedures, suitable for resolving disputes of these kinds, made binding under the 1958 New York Convention on Arbitration.


See this object’s NFT listing page.

Warranty 1: Asset Identity

Data

Certification Title

Asset Identity

Certification Short Title

Identity

Certification Summary

A description of the asset.

Asset Title

Coastal Land Milford on Sea Lymington

Asset Summary

Sea facing physical coastal land in the South of England, Milford-On-Sea Lymington.

Unique Mattereum ID

West.London.Lets.01

Asset Class

Real Estate

Certification Basis

Land ownership verifiable via the attached land registry documents in the Asset Passport.

Description of Asset

The land is situated on the coastline in Milford-on-Sea, near Bournemouth, on the South East coast of England. The property consists of a sloping sand, gravel and rock topography overlooking the sea. The Northern side of the land is a slope and the rest even terrain towards the sea. On the Eastern side, where the land touches the water, the council have introduced coastline protection measures in the form of rock armourstone sourced from Norway. The land is located in the New Forest District Council. No formal planning applications have been made on the site.

Measurements

The land is relatively rectanglular in shape with approx span of 120m by 22m depth. The total perimeter is approximately 380m and an area of 2680 Sqm.

Supporting Material

Sections A and C of Register. (PDF)

Results of a Regulated Local Authority Search of Local Land Charges and planning history, dated 2 September 2022. (PDF)

Report of drainage and water locations and outlets carried out by Southern Water and dated 23 August 2022. (PDF)

Environmental survey, carried out by Groundsure and dated 8 September 2022, containing information regarding soil conditions, contamination, climate, flooding, and environments. (PDF)

Reference Media
  1. Site photo

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  13. Aerial photo

  14. Site map

  15. Site CAD

Contract

Legal contract

Warranty Price

1% of sale price.

Maximum Liability

The price of the first sale minus the SDLT paid on the sale.

Certification Standard

Absolute liability - The information provided is true of the object in all respects.

Certification Date

16 September 2022

Certification Expiry Date

The earlier of: the date on which the NFT is redeemed, or 5 years from the date of the first sale.

Certifier Name

West London City Lets Ltd.

Certifier Signatory Name

Idris Anjary

Certifier Email

i.anjary@westlondoncitylets.co.uk

Certifier Postal Address

The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

NFT Token Address

0xa6CD9F96F73015BF6B2EaAC9d7DA09c860B377b2

NFT Token ID

0

Authenticator

MTRM Industries Ltd.

Registrar

MTRM Industries Ltd.

Certifier

West London City Lets Ltd.
The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

Warranty 2: Proof of Title

Data

Asset

Coastal Land Milford on Sea Lymington (West.London.Lets.01)

Certification Title

Proof of Title

Certification Short Title

Title

Certification Summary

Details of proof of title to the asset.

Certification Basis

Land ownership verifiable via the attached land registry documents in the Asset Passport.

Certification Description

West London City Lets Limited is the registered proprietor of the Land at Shingle Bank Drive, Milford on Sea, Lymington (Title no: HP123436). HM Land Registry official copy entries confirm that the land is owned with title Absolute giving an unequivocal right of ownership to the owner and cannot be disputed or challenged by anyone else.

Supporting Material

Section B of Register. (PDF)

Contract

Legal contract

Warranty Price

0.5% of sale price.

Maximum Liability

The price of the first sale minus the SDLT paid on the sale.

Certification Standard

Absolute liability - The information provided is true of the object in all respects.

Certification Date

16 September 2022

Certification Expiry Date

The earlier of: the date on which the NFT is redeemed, or 5 years from the date of the first sale.

Certifier Name

Nicholls Christie & Crocker

Certifier Signatory Name

Julian Stern

Certifier Email

jstern@ncc-northharrow.co.uk

Certifier Postal Address

The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

NFT Token Address

0xa6CD9F96F73015BF6B2EaAC9d7DA09c860B377b2

NFT Token ID

0

Authenticator

MTRM Industries Ltd.

Registrar

MTRM Industries Ltd.

Certifier

Nicholls Christie & Crocker
The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

Warranty 3: NFT Pairing

Data

Asset

Coastal Land Milford on Sea Lymington (West.London.Lets.01)

Certification Title

NFT Pairing

Certification Short Title

NFT

Certification Summary

Details of this asset's corresponding NFT.

NFT Summary

This asset has been paired to a non-fungible token (NFT), the details of which can be found in the Contract section of this Certification.

Possession of this NFT grants the possessor an option which, when exercised as per West London City Lets' Terms of Service, will transfer full legal title in the asset into their name for an additional payment of £1.00.

There is a lot of fraud in the NFT space, and it is important to ensure that the NFT you are buying is actually the specific NFT bound to this physical asset, and not in fact a counterfeit. The NFT detailed in this Asset Passport is the correct NFT. If you come to this Mattereum Asset Passport from a site such as OpenSea, you should click on the link provided at the top of each warranty to be shown the correct NFT listing (rather than using your back button). If the web sites and web browser have not been compromised, doing so will show you the correct NFT.

Contract

Legal contract

Warranty Price

0.4% of sale price.

Maximum Liability

The price of the first sale minus the SDLT paid on the sale.

Certification Standard

Absolute liability - The information provided is true of the object in all respects.

Certification Date

16 September 2022

Certification Expiry Date

The earlier of: the date on which the NFT is redeemed, or 5 years from the date of the first sale.

Certifier Name

West London City Lets Ltd.

Certifier Signatory Name

Idris Anjary

Certifier Email

i.anjary@westlondoncitylets.co.uk

Certifier Postal Address

The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

NFT Token Address

0xa6CD9F96F73015BF6B2EaAC9d7DA09c860B377b2

NFT Token ID

0

Authenticator

MTRM Industries Ltd.

Registrar

MTRM Industries Ltd.

Certifier

West London City Lets Ltd.
The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.

Warranty 4: Carbon Offset

Data

Asset

Coastal Land Milford on Sea Lymington (West.London.Lets.01)

Certification Title

Carbon Offset

Certification Short Title

Carbon

Certification Summary

Details of the carbon offset certificate purchased to cover the production of this asset's corresponding NFT.

Carbon Offset Details

The total carbon output for production of the NFT paired with this asset as described in Certification 2 (NFT) of this Asset Passport has been estimated as below 300kg using the NFT CO2 footprint calculator provided by Carbon.fyi.

A quantity of carbon offset certificates equalling the total carbon output presented above were purchased from Nori Inc. at a cost of $17.25 per ton (inclusive of a transaction fee of $2.25) on 20 May 2022 for a total of $17.25. These carbon offset tokens were expended to offset the total carbon output of this asset's corresponding NFT described in the NFT Pairing Certification of this Asset Passport.

Supporting Material

Copy of the Nori Certificate of Carbon Removal issued to MTRM Industries Ltd. (PDF)

Contract

Legal contract

Warranty Price

0.1% of the asset's sale price.

Maximum Liability

Purchase value of the carbon offset certificates provided by Nori Inc.

Certification Standard

Absolute liability (The information provided is true of the object in all respects.)

Certification Date

16 September 2022

Certification Expiry Date

1 year from warranty purchase.

NFT Token Address

0xa6CD9F96F73015BF6B2EaAC9d7DA09c860B377b2

NFT Token ID

0

Certifier Name

MTRM Industries Ltd.

Certifier Signatory Name

Vinay Gupta

Certifier Email

v.gupta@mattereum.com

Authenticator

MTRM Industries Ltd.

Registrar

MTRM Industries Ltd.

Certifier

MTRM Industries Ltd.
The address of the Certifier is retained by MTRM Industries Ltd. and will be made available to warranty subscribers in the event of a dispute being lodged.