Real estate disclosure reporting method

• US 7,584,167 B1
• Filed: 06/22/2004
• Issued: 09/01/2009
• Est. Priority Date: 06/23/2000
• Status: Expired due to Fees

• Current Assignee: Property Disclosure Technologies LLC (Empire IP LLC)
• Original Assignee: Glen Randall Bell
• Inventors: Bell, G. Randall
• Primary Examiner(s): Wong, Don
• Assistant Examiner(s): Thai, Hanh B
• Application Number:
  US10/873,992
• Time in Patent Office: 1,897 Days
• Field of Search: 707 1- 10, 705/64, 705/10, 705/51
• US Class Current: N/A
• 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 compiles a plurality of items of disclosure. The items of disclosure are related according to a plurality of condition categories. A particular property is researched to determine a plurality of known ones of the items of disclosure, and the known ones are disclosed according to the condition categories.

Claims

1. A real estate disclosure reporting method comprising the steps of:

compiling a plurality of items of disclosure;

relating said items of disclosure according to a plurality of condition categories;

researching a particular property to determine a plurality of known ones of said items of disclosure; and

disclosing said known ones according to said condition categories.

2. The real estate disclosure reporting method according to claim 1 wherein at least some of said items of disclosure are flood and natural hazard conditions.

3. The real estate disclosure reporting method according to claim 2 wherein at least some of said items of disclosure are contamination and hazardous waste site conditions.

4. The real estate disclosure reporting method according to claim 3 wherein at least some of said items of disclosure are landslide and liquefaction conditions.

5. The real estate disclosure reporting method according to claim 1 wherein said researching step comprises the substep of accessing at least one of government records and police records.

6. The real estate disclosure reporting method according to claim 1 wherein said disclosing step comprises the substeps of:

reporting known flood conditions associated with said property;

reporting known landslide conditions associated with said property; and

reporting known liquefaction conditions associated with said property.

7. The real estate disclosure reporting method according to claim 6 wherein said disclosing step comprises the substeps of:

reporting known leaking underground storage tanks proximate said property; and

reporting known hazardous waste facilities proximate said property.

8. The real estate disclosure reporting method according to claim 7 wherein said disclosing step comprises the substep of reporting known solid waste facilities proximate said property.

9. A real estate disclosure reporting method comprising the steps of:

providing a web page media;

listing a plurality of known items of disclosure for a specific property on said web page media;

categorizing said known items of disclosure on said web page media according to a plurality of real estate conditions; and

downloading said web page media to a browser over the Internet.

10. The real estate disclosure reporting method according to claim 9 comprising the further step of accessing an Internet-searchable database so as to determine at least some of said known items of disclosure.

11. The real estate disclosure reporting method according to claim 9 comprising the further step of utilizing a real-estate-based Internet information provider so as to determine at least some of said known items of disclosure.

12. The real estate disclosure reporting method according to claim 9 wherein said real estate conditions comprise site conditions, environmental conditions and natural conditions.

13. The real estate disclosure reporting method according to claim 12 wherein:

said site conditions comprise at least one of landslide conditions and liquefaction conditions,

said environmental conditions comprise at least one of contaminated sites, hazardous material and solid waste facilities, and

said natural conditions comprise flood hazard conditions.

14. The real estate disclosure reporting method according to claim 9 comprising the further step of providing background for said specific property.

15. The real estate disclosure reporting method according to claim 9 comprising the further step of downloading at least one of a map and an aerial photograph including said specific property.

16. A real estate disclosure reporting method comprising the steps of:

identifying a subject property;

researching said property to determine a plurality of known items of disclosure; and

reporting said known items of disclosure according to a plurality of condition categories.

17. The real estate disclosure reporting method according to claim 16 wherein said researching step comprises the substep of determining actual and potential contamination issues related to said property.

18. The real estate disclosure reporting method according to claim 16 wherein said researching step comprises the substep of determining the geotechnical condition of said property.

19. The real estate disclosure reporting method according to claim 16 wherein said researching step comprises the substep of determining wildlife and habitat issues related to said property.

20. The real estate disclosure reporting method according to claim 16 wherein said researching step comprises the substep of determining any tragedy associated with said property.