Web Based Co-Op Trust Ownership Program
First Claim
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1. A method comprising:
- a) a computer based system comprising a processor and a tangible and non-transitory memory,/b) a computer-readable medium encoded with a computer program loaded into said computer based system for the purpose of creating a website on the world wide web,c) identifying a property for fractional ownership,d) identifying individuals to become fractional owners according to a predetermined criterion,e) using said website for;
i) communicating steps to said individuals for obtaining joint ownership of said property as a trust,ii) facilitating said individuals to engage in a substantive and defined joint ownership agreement to achieve said joint ownership of said property,iii) providing for said fractional owners to complete at least some obligations of joint ownership, andiv) facilitating said individuals and said fractional owners to find, meet, and communicate with each other,f) wherein said steps include executing legal procedures to obtain said joint ownership of said property.
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Abstract
The present invention is a web-based fractional ownership system method to allow individuals to meet in the marketplace and conveniently find property for joint ownership. The web system provides a structure for individuals to discuss and jointly agree to own, operate, maintain, and sell items of mutual interest. The web based fractional ownership system organizes and promotes ownership of properties, and assists potential owners in finding other owners, of similar interests in both direct and indirect, efficient methods. The system also integrates prearranged service relationships for the joint members to apply for funding, acquire insurance, store the property, and perform routine maintenance.
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20 Claims
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1. A method comprising:
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a) a computer based system comprising a processor and a tangible and non-transitory memory, /b) a computer-readable medium encoded with a computer program loaded into said computer based system for the purpose of creating a website on the world wide web, c) identifying a property for fractional ownership, d) identifying individuals to become fractional owners according to a predetermined criterion, e) using said website for; i) communicating steps to said individuals for obtaining joint ownership of said property as a trust, ii) facilitating said individuals to engage in a substantive and defined joint ownership agreement to achieve said joint ownership of said property, iii) providing for said fractional owners to complete at least some obligations of joint ownership, and iv) facilitating said individuals and said fractional owners to find, meet, and communicate with each other, f) wherein said steps include executing legal procedures to obtain said joint ownership of said property. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification