> For the complete documentation index, see [llms.txt](https://bnbdao.gitbook.io/faq/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bnbdao.gitbook.io/faq/who-holds-the-deed-to-the-house.md).

# Who holds the deed to the house?

realDAO tokenizes interests in a Limited Liability Company (LLC) that is the sole owner of the asset acquired. Each asset will be owned by one single LLC. Tokens represent ownership of a membership interest in the LLC and this tokenized ownership is enshrined in the subscription agreement and in the ownership records, making it irrevocable.