Method and system for monitoring and protecting real estate...

G - Physics – 06 – Q

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

G06Q 40/06 (2012.01) G06Q 20/40 (2012.01) G06Q 50/16 (2012.01)

Patent

CA 2569153

A method for monitoring and protecting a designated real estate Title (Deed/Transfer) against title theft, fraudulent transaction, mortgage fraud includes process and steps of compiling selected data records associated with a designated real estate Title from plurality of predefined sources and storing the compiled data into an associated file within a computer database, number referencing stored selected data to further facilitate confirmation and authentication of the data records, execute monitoring process for an authenticated Title by preparing and registering security Charge/Mortgage on the Title, Issue transaction permit code, registering with local and national lender data base, Mortgage default insurers and Title insurance companies as protected Title, protect an authenticated Title from fraudulent transaction, mortgage fraud and illegal activity by further verifying transactional data of the requesting party with the stored authenticated data, stop transaction on detection of data discrepancies, issue transaction completion permit and discharge registered security charge by obtaining consistency in obtained data records. A system comprising of confirmation, authentication and verification algorithm and ID validation hardware components. The system further includes a computer database for storing data records, computer software to validate ID cards, reference number data records, execute confirmation, authentication and verification algorithm and issue transaction completion permit / Termination warning and security charge/discharge documents.

LandOfFree

Say what you really think

Search LandOfFree.com for Canadian inventors and patents. Rate them and share your experience with other people.

Rating

Method and system for monitoring and protecting real estate... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method and system for monitoring and protecting real estate..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for monitoring and protecting real estate... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFCA-PAI-O-1699125

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.