EscrowTab mobile application system and method
AssigneeEscrowTab, Inc.
InventorsKolin Blain Porter, Adam McCurry Carlson, Tim Gilker
Life of this patent
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Abstract
The present invention, EscrowTab mobile application system and method comprises automating, reviewing, executing, and transmitting documents used in real estate financial transactions by providing document data visualization on a mobile device allowing for review and execution of financial closing documents, such as promissory notes, deeds of trust and financial documents on a mobile device such as a tablet and relaying these documents to and from the originating financial institution, via means of the internet or dedicated communications media.
Claims20
A method for review and execution of electronic documents comprising:
- i. receiving, on a mobile device, one or more electronic documents in PDF format:
- ii. overlaying, through a mobile application running on the mobile device, on the one or more electronic documents at least one editable layer;
- iii. presenting, through the mobile application running on the mobile device, a visual display of the one or more electronic documents with at least one editable layer;
- iv. receiving, by the mobile application running on the mobile device, into the at least one editable layer of the one or more electronic documents a first signature made by a party on the mobile device by detecting handwriting, by the party, upon the mobile device;
- v. receiving, by the mobile application running on the mobile device, into the at least one editable layer of the one or more electronic documents an electronic notary seal of a notary;
- vi. receiving, by the mobile application running on the mobile device, into the at least one editable layer of the one or more electronic documents a second signature made by the notary on the mobile device by detecting handwriting, by the notary, upon the mobile device;
- vii. flattening, by the mobile application running on the mobile device, the at least one editable layer by excluding portions of the at least one editable layer without either the first or second signature, thereby creating an executed document;
- and
- viii. transmitting, from the mobile device, the executed document.
A method for review and execution of electronic documents comprising:
- i. receiving, on a mobile device, one or more electronic documents;
- ii. presenting, through a mobile application running on the mobile device, a visual display of the one or more electronic documents with at least one editable layer overlain thereon;
- iii, obtaining, by the mobile application running on the mobile device, in the at least one editable layer of the one or more electronic documents a first signature made on the mobile device;
- iv. obtaining, by the mobile application running on the mobile device, in the at least one editable layer of the one or more electronic documents a second signature made on the mobile device;
- v. flattening, by the mobile application running on the mobile device, the at least one editable layer by excluding portions of the at least one editable layer without either the first or second signature, thereby creating an executed document;
- and
- vi. transmitting, from the mobile device, the executed document.
A method for review and execution of electronic contractual documents comprising:
- i. receiving, on a mobile device, one or more electronic documents;
- ii. presenting, through a mobile application running on the mobile device, a visual display of the one or more electronic documents with at least one editable layer overlain thereon;
- iii. obtaining, by the mobile application running on the mobile device, in the at least one editable layer of the one or more electronic documents a first signature made on the mobile device;
- iv. flattening, by the mobile application running on the mobile device, the at least one editable layer by excluding portions of the at least one editable layer without the first signature;
- and
- v. transmitting, from the mobile device, the one or more electronic documents, including the at least one editable layer containing the first signature.
Dependencies are inferred from the claim text.