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Lock with remotely activated lockout feature

  • US 8,633,799 B1
  • Filed: 12/20/2010
  • Issued: 01/21/2014
  • Est. Priority Date: 06/25/2007
  • Status: Active Grant
First Claim
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1. An overlook system for use with a secured space comprising:

  • a computer including;

    a computer transceiver configured to send and receive coded signals;

    a computer memory for recording transactions; and

    a program for recording scheduled periodic payments associated with the secured space by a user; and

    an overlock assembly including;

    an arm that moves between a closed position and an open position;

    a position sensor that responds to the position of the arm;

    an overlook transceiver for sending and receiving coded signals with the computer;

    a power supply; and

    a logic unit operably connected to the power supply, the position sensor and the overlook transceiver;

    wherein following a grace period starting subsequent to a lapse in payments of the scheduled periodic payments;

    the computer generates a first coded signal; and

    on receiving the first coded signal the overlook assembly operates in an overlook state preventing access to the secured space;

    wherein in response to movement of the arm between the open position and the closed position the computer generates a record with a timestamp.

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