The instrument that lets a lender price what it's lending against. Built with users, not at them. Free to read when it publishes — we charge only to be assessed against it.
Reference pricing is a fact: what did this actually sell or list for. No judgment. Classification is a judgment: is this specific asset trustworthy enough to lend against, evidenced against a published standard. The register is where that judgment lives so a lender or insurer can check it later. Valuation turns all three into a number. You cannot value what you have not classified, cannot classify what nobody has disclosed, and cannot ask for disclosure until you're a source people already take seriously — which is why they publish in this order and no other.
What things cost. A fact.
LiveIs this asset trustworthy. A judgment.
In developmentWhere the judgment lives. A record.
In developmentWhat it's worth. A method.
Not startedOne common standard with class-specific annexes for Wave 1. Sequential, not simultaneous: a standard broad enough to cover everything at once is too vague to underwrite against.
Spanning the asset's design, build, operating history and regulatory standing, among others. Three published classes — Class I, II, III — plus Withdrawn. Every determination publishes its reasons. Never a numeric score: a number invites gaming, a reason invites scrutiny.
Made up for illustration — not a real applicant, determination or figure, and not the actual grading criteria.
Open to any applicant meeting published criteria.
Evidence supplied against a published protocol. Never what is asserted.
Evaluated by a committee with an independent majority.
Issued with reasons published. Fee never varies with outcome.
Recorded publicly. Relationships disclosed on the record.
A documented route to an independent reviewer.
A commercial record of ownership, condition and encumbrance — built to complement state and international registration, never to replace it. It will never carry the character of a title system.
Basic entries are free and public — a lender or insurer can check a determination without paying or joining anything. Full history and analytics are a paid subscription; the register itself is never for sale.
If a dimension would be unanswerable from evidence an operator actually has, tell us before we publish, not after. We would rather be corrected than believed.
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