Help and FAQ
ParcelClear documents a consistent foreign-ownership inquiry. It does not decide a transaction.
What ParcelClear produces
A due diligence record for a file: the questionnaire answers, the control-person tree, an OFAC screen, a versioned rule evaluation, a hashed PDF evidence pack, and an append-only audit log.
- Questionnaire
- Facts the party attests, stored on the file.
- Control-person tree
- Owners, officers, trustees, and beneficiaries recorded under a buyer entity or trust.
- OFAC screen
- Each party and alias against the SDN and Consolidated lists, with list version ids.
- Rule evaluation
- CLEAR, HOLD, or REPORT under a named rule set version.
- Hashed PDF
- The evidence pack plus a public verify page for its SHA-256.
What it does not do
- Verify identity.
- Run a criminal, credit, or eviction search.
- Decide whether anyone may buy.
- Give legal advice.
Results explained
CLEAR: no rule triggered and no open OFAC hit. HOLD: a fact is missing, a list is older than 7 days, or an OFAC hit is pending review. REPORT: a reviewer marked an OFAC hit as a true match. These are ParcelClear's documentation outcomes, not a legal determination.
OFAC lists
- Sources
- OFAC SDN and Consolidated lists from the U.S. Treasury.
- Ingest
- Every 6 hours. Each file records the list version ids used at screen time.
- Staleness
- Lists older than 7 days at screen time produce HOLD.
Dispositions
- True match
- The list entry is this party. Owners and reviewers may record this.
- False positive
- Name similarity only. Owners and reviewers may record this.
- Escalate
- Needs a second reviewer. Owners and reviewers may record this.
- Reason
- Required, written to the audit log, and permanent on the hit.
Evidence pack and verification
Finalizing a file renders a PDF, stores its SHA-256, and publishes /verify/{id}. A title company or underwriter hashes the PDF in hand and compares it to the value on that page. A match confirms the document has not changed since ParcelClear generated it. The verify page has no party names.
Billing
- File
- $29 per finalized file.
- Office
- $149 per month.
- Multi-Office
- $399 per month.
- Refunds
- Fourteen days on an unused File. A File is not refundable once an evidence pack has been generated. Refunds and cancellation.
FAQ
- Does a CLEAR result mean the buyer is allowed to purchase?
- No. It means no rule in the recorded rule version triggered and no OFAC hit is open. The decision belongs to the licensed professional and their underwriter.
- Does ParcelClear check immigration status?
- No. It records what the party attests.
- Which countries are "designated"?
- The rule set carries the list as data with a version. The current version is named on every file. Verify against the Texas Governor's current designation before relying on it.
- How current are the OFAC lists?
- Ingested every 6 hours. A file screened against a list older than 7 days holds.
- Can I edit a finalized file?
- No. Open a new file. The old record stays.
- Who can see my files?
- Only members of your organization. Row-level security enforces this in the database.
- Is the evidence pack admissible?
- ParcelClear cannot answer that. It provides a hashed, timestamped record with named list and rule versions. Ask counsel.
- What about Florida?
- Florida SB 264 support is planned. Texas SB 17 is live.
- Do you store the property address?
- Optional. When supplied it is stored on your organization's row and reachable only through row level security. It sits on encrypted storage like every other column, and ParcelClear does not apply separate field-level encryption to it. Leave it blank if your office would rather not store it.
- How do I get a refund?
- Ask within 14 days of purchase for an unused File credit. A File is not refundable once an evidence pack has been generated. Refunds and cancellation.
Contact
https://www.parcelclear.com