Real estate disclosure reporting method

• US 8,630,974 B2
• Filed: 05/16/2011
• Issued: 01/14/2014
• Est. Priority Date: 06/23/2000
• Status: Expired due to Fees

• Current Assignee: Empire IP LLC
• Original Assignee: Empire IP LLC
• Inventors: Bell, G. Randall
• Primary Examiner(s): THAI, HANH B
• Application Number:
  US13/108,948
• Publication Number:
  US 20110218929A1
• Time in Patent Office: 974 Days
• Field of Search: 707/607, 705/10, 705/313, 705/358
• US Class Current: 707/607
• CPC Class Codes: G06Q 10/063 Operations research, analysis or management
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 30/0643 Graphical representation of items or shoppers
• CPC Class Codes: G06Q 50/16 Real estate
• CPC Class Codes: G06Q 99/00 Subject matter not provided for in other groups of this subclass
• CPC Class Codes: Y10S 707/99931 Database or file accessing
• CPC Class Codes: Y10S 707/99935 Query augmenting and refining, e.g. inexact access
• CPC Class Codes: Y10S 707/99937 Sorting

Abstract

A real estate disclosure reporting method identifies a subject property, accesses an insurance claim database, determines from the database whether an insurance claim has been filed for the subject property and generates a report regarding the subject property and the insurance claim.

Claims

1. A real estate disclosure reporting method comprising:

identifying a condition category regarding a property;

researching the property to determine a plurality of known items of disclosure pertaining to the condition category;

compiling the known items of disclosure on a disclosure form according to the conditional category;

identifying the particular property on the disclosure form;

generating the disclosure form as a report of the know items of disclosure.

2. The real estate disclosure reporting method according to claim 1 wherein the condition category relates to a filed insurance claim.

3. The real estate disclosure reporting method according to claim 1 wherein researching accesses a database regarding known distress conditions on the property such as a fire.

4. The real estate disclosure reporting method according to claim 1 wherein researching accesses a database regarding known building conditions on the property such as mold.

5. The real estate disclosure reporting method according to claim 1 wherein researching accesses a database regarding known site conditions on the property such as a landslide.

6. The real estate disclosure reporting method according to claim 1 wherein researching accesses a database regarding known environmental conditions on the property such as at least one of radon and asbestos.

7. The real estate disclosure reporting method according to claim 1 wherein researching accesses a database regarding known natural conditions on the property such as a flood.

8. The real estate disclosure reporting method according to claim 1 wherein researching the property to determine a plurality of known items of disclosure pertaining to the condition category comprises:

accessing, via a network, one or more databases storing one or more items of disclosure of the plurality of known items of disclosure regarding the property.

9. The real estate disclosure reporting method according to claim 8 wherein compiling the known items of disclosure on a disclosure form according to the condition category comprises:

retrieving, via the network, the plurality of known items of disclosure;

inputting the plurality of known items of disclosure to the disclosure form; and

storing the disclosure form on the storage device.

10. The real estate disclosure reporting method according to claim 9 wherein generating the disclosure form as a report of the known items of disclosure comprises:

generating the report on a storage device;

storing the report in a web page format on the storage device; and

downloading the report in the web page format to a browser over the Internet.

11. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a transactional information category.

12. The real estate disclosure reporting method according to claim 11 wherein the one or more known items of disclosure in the transactional information category include a previous sale price for the property and a date associated with the previous sale price.

13. The real estate disclosure reporting method according to claim 11 wherein the one or more known items of disclosure in the transactional information category are retrieved via a network from one or more databases storing public records.

14. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a property value category.

15. The real estate disclosure reporting method according to claim 14 wherein the one or more known items of disclosure in the property value category include market value.

16. The real estate disclosure reporting method according to claim 14 wherein the one or more known items of disclosure in the property value category are retrieved via a network from one or more databases storing public records.

17. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises an assessments category.

18. The real estate disclosure reporting method according to claim 17 wherein the one or more known items of disclosure in the assessments category include property taxes associated with the property.

19. The real estate disclosure reporting method according to claim 17 wherein the one or more known items of disclosure in the assessments category are retrieved via a network from one or more databases storing public records.

20. The real estate disclosure reporting method according to claim 10 wherein generating the disclosure form as a report of the known items of disclosure further comprises:

providing map data identifying the property; and

storing the map data on the storage device with the report for the property.

21. The real estate disclosure reporting method according to claim 20 further comprising displaying a map using the map data.

22. The real estate disclosure reporting method according to claim 21 further comprising:

accessing one or more Internet databases to display information regarding one or more items other than the property on the map.

23. The real estate disclosure reporting method according to claim 10 wherein generating the disclosure form as a report of the known items of disclosure further comprises:

providing aerial photograph data identifying the property; and

storing the aerial photograph data on the storage device with the report for the property.

24. The real estate disclosure reporting method according to claim 23 further comprising displaying an aerial photograph using the aerial photograph data.

25. The real estate disclosure reporting method according to claim 24 further comprising accessing one or more Internet databases to display one or more items other than the property in the aerial photograph.

26. The real estate disclosure reporting method according to claim 10 wherein generating the disclosure form as a report of the known items of disclosure further comprises partitioning a web page into one or more partitions according to one or more condition categories.

27. The real estate disclosure reporting method according to claim 26 further comprising generating a label for the condition category.

28. The real estate disclosure reporting method according to claim 10 further comprising downloading the web page to a user over the Internet.

29. The real estate disclosure reporting method according to claim 10 further comprising storing the report in a database in response to a user instruction.

30. The real estate disclosure reporting method according to claim 10 further comprising retrieving one or more known items of disclosure regarding one or more neighboring properties.

31. The real estate disclosure reporting method according to claim 30 wherein generating the report on a storage device comprises generating a report containing the one or more items of disclosure regarding the one or more neighboring properties.

32. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a schools category.

33. The real estate disclosure reporting method according to claim 32 wherein the one or more known items of disclosure in the schools category includes at least one of a daycare, elementary, middle and high school.

34. The real estate disclosure reporting method according to claim 32 wherein the one or more known items of disclosure in the schools category are retrieved via a network from one or more databases storing public records.

35. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a crime category.

36. The real estate disclosure reporting method according to claim 35 wherein the one or more known items of disclosure in the crime category includes criminal activity.

37. The real estate disclosure reporting method according to claim 35 wherein the one or more known items of disclosure in the crime category are retrieved via a network from one or more databases storing public records.

38. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a transit category.

39. The real estate disclosure reporting method according to claim 38 wherein the one or more known items of disclosure pertaining to the transit category includes information regarding at least one of a railway, train and subway.

40. The real estate disclosure reporting method according to claim 38 wherein the one or more known items of disclosure in the transit category are retrieved via a network from one or more databases storing public records.

41. The real estate disclosure reporting method according to claim 10 wherein the condition category comprises a neighborhood category.

42. The real estate disclosure reporting method according to claim 31 wherein the one or more known items of disclosure in the neighborhood category includes information regarding a neighborhood that includes the particular property.

43. The real estate disclosure reporting method according to claim 31 wherein the one or known more items of disclosure in the neighborhood category are retrieved via a network from one or more databases storing public records.