👉 Proptoses are a type of property that is typically used in real estate transactions to represent and convey ownership of a building or other property. Proptoses can be either verbal or written, and they serve as a way for buyers and sellers to ensure that the property being purchased or sold is what is described in the contract. Proptoses are often used in conjunction with escrow services, which allow buyers and sellers to have access to funds before the real estate transaction takes place. Proptoses