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System and method for acquiring, comparing and evaluating property condition

  • US 10,445,796 B2
  • Filed: 08/14/2009
  • Issued: 10/15/2019
  • Est. Priority Date: 08/14/2009
  • Status: Active Grant
First Claim
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1. A server-implemented method of determining a deposit refund for a renter associated with a rental property, the method comprising:

  • receiving and storing, by the server, a first set of images of the rental property captured using one or more image capturing devices, upon commencement of a rental period, wherein the one or more image capturing devices embed the first set of images with time stamp, date stamp, and geotag information;

    receiving and storing, by the server, a second set of images of the rental property captured using the one or more image capturing devices, upon termination of the rental period, wherein the one or more image capturing devices embed the second set of images with time stamp, date stamp, and geotag information;

    comparing, by the server, an image belonging to the first set of images and another image belonging to the second set of images, for identifying damages to items of the rental property, based on the time stamp, the date stamp, and the geotag information, wherein the image and the other image relate to same views of the rental property;

    assigning, by the server, monetary values associated with each of the damages to the items of the rental property; and

    calculating, by the server, a refund amount of the deposit based on an initial deposit amount and each of the monetary values, wherein the rental property is a real property.

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