Intent to Single Source Electronic Access to Interests Against Real Property

Net Assets Corporation provides reporting services through Conduits, which is a web-based service, enabling municipalities to electronically report all interest against real property. Conduits automates the lien search and reporting processes enhancing the accessibility and agents' benefit form Conduits through the secure availability of information, instantaneous response time, and the guarantee of accurate, audit-able searches via the internet. Utilizing Conduits benefits the City by saving on staffing costs to research liens manually. It offers self-service capabilities to real estate professionals available online at any time to conduct their own lien searches and continues to provide debt collection for the City when liens are settled.