Rights mapping system and method
AssigneeThoughtTrace, Inc.
InventorNicholas E. Vandivere
Life of this patent
Estimating the term…
Abstract
A method and system can include processing title and title opinion document images to generate text information. Trained models may generate data objects representative of period of time during which certain rights to a property exist. The trained models may also generate rules for modifying the data objects and interrelating the data objects to each other. In some examples, a confidence level can be generated and will reflect a likelihood of a data object including correct information. The modified and interrelated data objects may be used to generate a navigable interface which includes a current title status for a property and a navigable chain of title reflecting historical rights to the property.
Claims24
A method comprising:
- accessing, by a processor, one or more electronic documents;
- providing, by the processor, text of the electronic documents to a trained model to generate a first data object and a second data object, each data object comprising a property right, a length of time, and a location;
- generating, by the processor, a relationship between the first data object and the second data object, the relationship associated with a change in property rights associated with the location;
- and
- generating, by the processor and based on the generated change in property rights associated with the location, a confidence level associated with a current property rights associated with the location.
A method comprising:
- accessing, by one or more processors, document images comprising one or more of title documents for a property location or title opinions for the property location;
- converting, by the one or more processors, the document images into text data associated with title documents and the title opinions;
- generating, by the one or more processors and by using one or more trained models on the text data, a plurality of data objects, each data object comprising geographical location information, a description of rights to the geographical location information, and time information;
- generating, by the one or more processors and by using the one or more trained models on the text data, rules comprising modifications to rights to a geographical location based on one of an event or time;
- applying, by the one or more processors, the rules to the plurality of data objects to generate a data structure including nodes and edges, the nodes comprising modified data objects and the edges comprising connections between a first modified data object and a second modified data object.
A system comprising:
- one or more hardware processors;
- and
- a memory comprising instructions operable by the one or more hardware processors to:
- access one or more electronic documents;
- provide text of the electronic documents to a trained model to generate a first data object and a second data object, each data object comprising a property right, a length of time, and a location;
- generate a relationship between the first data object and the second data object, the relationship associated with a change in property rights associated with the location;
- generate a description of current property rights to the location based on one of first data object, the second data object, or the relationship, and the description comprising a predicted property right interest in the location;
- and
- generating a confidence level associated with the description of current property rights to the location.
A method for determining ownership interests in a property, the method comprising:
- receiving, by a processor, electronic documents related to one or more property rights of one or more parties;
- identifying, by the processor, a series of past property rights and identifications of preceding parties possessing the past property rights;
- generating, by the processor, a current title status based on the series of past property rights and preceding parties;
- and
- generating, by the processor, a confidence level associated with the current title status.
Dependencies are inferred from the claim text.