Appeal Number: 2006-3365
Application Number: 10/329,921
BACKGROUND
The appellants’ invention relates to a real estate business process, and
specifically to a web-based electronic real estate and transaction system and
methods therein that operate to streamline, bundle together and make available
online many aspects, including relevant forms, involved in executing a real estate
transaction. (Spec 1). An understanding of the invention can be derived from a
reading of exemplary claim 1, which is reproduced below.
1. A method of generating on line a contract for a real estate
transaction for a particular real estate property comprising:
collecting, on line and in electronic form, transaction specific
information for a real estate contract including identifying a plurality
of parties and agents involved with the real estate transaction;
providing, in an electronic format, a real estate contract form;
automatically populating, in a computer, the real estate contract form
with the transaction specific information and data in an existing listing
for a particular real estate property;
automatically generating online, in the computer, responsive to
populating the real estate contract form, an electronic file
corresponding to the real estate contract for the real estate transaction;
and
sending concurrently, using a web-based service, a notice of the
generating online the electronic file corresponding to the real estate
contract to at least one of the plurality of parties and agents involved
with the real estate transaction.
2
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