Method and system for processing real estate transactions

Details Method and system for processing real estate transactions Method and system for processing real estate transactions

G - Physics

06

Q

G06Q 50/16 (2012.01) G06F 12/14 (2006.01) G06F 21/00 (2006.01) G06Q 30/00 (2012.01) H04L 12/16 (2006.01)

Patent

CA 2410970

A method and system for processing real estate transactions utilizing a remotely accessible site on a computer network for the transfer of data, information and documents between a purchaser and a vendor. In the preferred embodiment a web site provides a generally accessible portion which allows a purchaser to retrieve unrestricted documentation and/or data relating to the real estate transaction generally, and a plurality of password-protected portions each of which can be accessed only by a purchaser's lawyer or other representative having a preset password and allows same to retrieve purchaser-specific documentation relating particularly to the respective purchaser's unit. In the preferred embodiment the method and system of the invention also monitors when documents have been downloaded by each purchaser and flags the vendor's lawyer if any particular purchaser has not retrieved their documents by a preset time before the closing date.

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