Interactive real estate contract and negotiation tool
Assigneedotloop, LLC
InventorsGregory Austin Allison, Matthew Allan Vorst
Life of this patent
Estimating the term…
Abstract
Term negotiation can utilize centralized systems accessed via web interfaces for purposes such as mediation of communications between buyers and sellers, maintenance of a history of negotiations, and notification of parties regarding changes suggested during negotiation. Changes to terms proposed by parties using centralized systems can be stored in a data warehouse, potentially along with timestamp and identification information.
Claims6
A computer-readable storage device having contents configured to cause a computing device to:
- present, to a first user, a human-readable representation of an initial version of a virtual real estate transaction document comprising an editable field, wherein the virtual real estate document is an electronic representation of a corresponding physical real estate transaction document and visually similar to the physical real estate transaction document;
- and
- apply a digital signature to a human-readable representation of a first modified version of the virtual real estate transaction document, the human-readable representation of the first modified version of the virtual real estate transaction document being based at least in part upon the initial version of the virtual real estate transaction document and a first user-specified data element, wherein the first user-specified data element is visually presented in the editable field.
A method for editing virtual real estate transactional documents, comprising:
- displaying a virtual real estate transactional document, the virtual real estate transactional document graphically displayed to appear visually similar to a corresponding physical real estate transactional document;
- and
- applying a digital signature to a first modified virtual real estate transactional document, the first modified virtual real estate transactional document comprising a first data element received from a first user that is visually presented in the at least one editable field.
A method, comprising
- accessing, from a data store, a virtual real estate transaction document;
- presenting, to a first user, a human-readable representation of an initial version of the virtual real estate transaction document comprising an editable field, wherein the virtual real estate transaction document is a visually similar electronic representation of a corresponding physical real estate transaction document;
- applying a digital signature to a human-readable representation of a first modified version of the virtual real estate transaction document, the human-readable representation of the first modified version of the virtual real estate transaction being based at least in part upon the initial version of the virtual real estate transaction document and a first user-specified data element received from a first user, wherein the first modified version of the virtual real estate transaction document is a visually similar representation of the physical real estate transaction document populated with the first user-specified data element.
Dependencies are inferred from the claim text.