REAL PROPERTY TRANSACTION DATABASE AND METHOD TO MONITOR THE STATUS OF A REAL PROPERTY TRANSACTION
First Claim
1. A method to monitor the status of a real-property transaction, comprising the steps of:
- supplying a tracking system comprising a server comprising memory, a tracking database encoded in said memory, and a plurality of data input devices in communication with said server, wherein said database comprises a plurality of database fields, wherein one or more access permissions, a data field, a time stamp, an action time, one or more contact persons, and one or more contact alerts, are associated with said of said database fields;
initiating a new real-property transaction wherein a buyer is under contract to purchase real property;
creating in said database a new database entry associated with said new real-property transaction, wherein said new database entry comprises each of said plurality of database fields;
determining whether to maintain a hard copy file associated with said new real-property transaction;
operative if a hard copy file is maintained for said new real-property transaction;
generating a hard copy file; and
attaching a machine-readable label comprising a unique file identifier to said hard copy file, wherein said machine-readable label can be read by each of said plurality of data input devices.
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Abstract
A method to is disclosed to monitor the status of a real-property transaction. The method supplies a tracking system comprising a server comprising memory, a database encoded in the memory, and a plurality of data input devices in communication with the server, wherein the database comprises a plurality of database fields, wherein one or more access permissions, a data field, a time stamp, an action time, one or more contact persons, and one or more contact alerts, are associated with said of each of the database fields. The method initiates a new real-property transaction wherein a buyer is under contract to purchase real property, and creates in the database a new database entry associated with the new real-property transaction, wherein that new database entry comprises each of the plurality of database fields. The method determines whether to maintain a hard copy file associated with the new real-property transaction. If the method elects to maintain a hard copy file, then the method generates a hard copy file, and attaching a machine-readable label comprising a unique file identifier to that hard copy file, wherein the machine-readable label can be read by each of the plurality of data input devices.
11 Citations
21 Claims
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1. A method to monitor the status of a real-property transaction, comprising the steps of:
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supplying a tracking system comprising a server comprising memory, a tracking database encoded in said memory, and a plurality of data input devices in communication with said server, wherein said database comprises a plurality of database fields, wherein one or more access permissions, a data field, a time stamp, an action time, one or more contact persons, and one or more contact alerts, are associated with said of said database fields;
initiating a new real-property transaction wherein a buyer is under contract to purchase real property;
creating in said database a new database entry associated with said new real-property transaction, wherein said new database entry comprises each of said plurality of database fields;
determining whether to maintain a hard copy file associated with said new real-property transaction;
operative if a hard copy file is maintained for said new real-property transaction;
generating a hard copy file; and
attaching a machine-readable label comprising a unique file identifier to said hard copy file, wherein said machine-readable label can be read by each of said plurality of data input devices. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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Specification