Statuses of Title Transfers

Introduction

Title transfers are critical milestones in the grain transfer process, and understanding their status is key to efficient management. This article aims to elucidate the different statuses a title transfer can assume and the implications of each.

Title Transfer Status Overview:

Draft: This status is visible to the creator of the title transfer when it is generated against a contract that has not yet been accepted. Visibility: limited to the creator.

Completed: This status is displayed to both parties when the scheduled transfer date for a title transfer is current or in the past.
Implication: Indicates that the grain transfer has been executed and ownership has shifted to the buyer.
Visibility: Shared between both parties.

Void: This status reflects the cancellation or voiding of a title transfer. Importantly, this action is irreversible.
Implication: This signifies that the title transfer has been nullified.
Visibility: Shared between both parties.