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Electronic real estate lockbox system

  • US 4,766,746 A
  • Filed: 02/17/1987
  • Issued: 08/30/1988
  • Est. Priority Date: 02/21/1986
  • Status: Expired due to Term
First Claim
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1. An electronic lock system comprising an electronic lock, said lock including memory means for storing a lock access code having at least two portions, the first of said portions indicating a particular class of persons associated with said lock and the second of said portions indicating a particular subclass of the aforesaid class, the system further comprising an electronic key for cooperating with the electronic lock to execute an operation, the electronic key including memory means for storing a key access code comprised of at least two portions, said first portion indicating a particular class of persons to which the key is assigned and the second portion indicating a subclass of the aforesaid class to which the key is more particularly assigned, the system further including permission means in either the electronic lock or the electronic key for storing a permission code and control means in either the electronic lock or the electronic key cooperating with the permission means for controlling execution of said operation, the permission code dictating which respective classes and/or subclasses, if any, indicated by the lock and key access codes must correspond to each other before said control means will allow execution of the operation.

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