Patents Examined by Vern Cumarasegaran
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Patent number: 8719175Abstract: A system and method for calculating a space required for a tenant in a building includes determining the areas of rooms required by the tenant. A circulation factor for each of the rooms based on the area of each room is calculated. The total of the room areas and the circulation factors are added to determine a pure space required by the tenant. The losses in actual usable space are determined for a building and an inefficiency factor is calculated based on these losses. The pure space is multiplied by the inefficiency factor to obtain a building efficiency loss. The building efficiency loss is added to the pure space to obtain the space required for the tenant in the building. The system may be configured on a network computer system or a standalone computer.Type: GrantFiled: May 6, 2011Date of Patent: May 6, 2014Assignee: Spacelogik, LLCInventor: Michael J. Walker
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Patent number: 8706646Abstract: A system for producing a configured construction specification for a construction product includes a website and an unconfigured specification accessible by the website, the unconfigured specification including a plurality of portions of construction specification information relating to the at least one construction product, each of the plurality of portions corresponding to at least one of a plurality of characteristics that define the at least one construction product. A webpage is displayed on the website, the webpage containing a plurality of indicia selectable by a user via the website, each of the plurality of indicia corresponding to at least one of the plurality of characteristics. Software executing on the website prepares a configured specification based at least in part upon the construction specification information contained in the unconfigured specification and the indicia selected by the user via the webpage.Type: GrantFiled: October 7, 2004Date of Patent: April 22, 2014Assignee: Arcat, Inc.Inventors: Frederick P. Jannott, William Jannott
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Patent number: 8583562Abstract: A technique for estimating the relative likelihood that specific parcels or groups thereof will sell within a selected time, possibly including such steps as: Responsive to location of each parcel with respect to other parcels that have recently sold, including receiving a 1st kind of information, associated with sales in a neighborhood for each parcel being examined, including a set of attributes. Deriving additional attributes for each parcel based on its attributes and others near it. Determining independently for each neighborhood which of those attributes are more important for estimating relative likelihood of sale. Determining a degree of similarity between each unsold parcel and each recently-sold parcel, in response to those sets of attributes, weighted in response to relative importance. Providing a 2nd kind of information, ordering parcels by a relative likelihood of sale within a selected time.Type: GrantFiled: September 30, 2009Date of Patent: November 12, 2013Assignee: RealAgile, Inc.Inventors: Terrence Lee McDaniel, Bradley John McDaniel, John Phillip Norman, Michael LaMar Robbins, Earl D. Sacerdoti
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Patent number: 8571997Abstract: A system and method for identifying and calculating inefficiencies in a real estate space includes determining the areas of rooms required by a user. A circulation loss is calculated. The total of the room areas and the circulation loss are added to determine a net usable space required by the user. The net usable amount of space is multiplied by the subject building's inefficiency measure to identify the amount of rentable space necessary given an efficient program, space plan and building. The user's updated, proposed space program is compared to the user's current or original space program to identify efficiency losses. The system may be configured on a network computer system or a standalone computer.Type: GrantFiled: October 2, 2008Date of Patent: October 29, 2013Assignee: Spacelogik, LLCInventor: Michael Walker
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Patent number: 8566111Abstract: A method and system provides transactions and arrangements in virtual world environments. A user can participate in transactions to acquire virtual property and related virtual rights. In some implementations, real-world and virtual parties can be involved in possible transfers of various types of virtual property and virtual property rights.Type: GrantFiled: July 31, 2008Date of Patent: October 22, 2013Assignee: The Invention Science Fund I, LLCInventors: Edward K. Y. Jung, Royce A. Levien, Robert W. Lord, Mark A. Malamud, John D. Rinaldo, Jr.
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Patent number: 8396812Abstract: A method and system for generating a real estate property index uses real estate data including price data, property data and time of sale data that are entered into a computing apparatus. The time of sale data is manipulated to provide consecutive triple times giving two consecutive time periods (e.g., March, April, May 2007 and April, May, June 2007). A transform function, preferably a log function, is generated with two time dummy variables, and the coefficients of the two time dummy variables are extracted and added to generate a transformed growth rate. The reverse transform function, preferably an anti-log function, is generated to provide the desired untransformed growth rate.Type: GrantFiled: February 26, 2008Date of Patent: March 12, 2013Assignee: Ares Capital Management Pty LtdInventors: Matthew Bryce Hardman, Danika Joy Wright
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Patent number: 8355995Abstract: Embodiments of the present invention relate a system and method for building a green community construction. The system and method may comprise preparing a site for green community construction, acquiring housing for the site, wherein the housing is acquired below assessed value, moving the housing to the site, and remodeling the housing at the site to form the green community.Type: GrantFiled: April 13, 2009Date of Patent: January 15, 2013Inventor: Nancy Lynne Welsh
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Patent number: 8335747Abstract: A client-server architecture provides appraisal services between licensed appraisers and customers. The server includes an appraiser database having a plurality of records, and a query engine for searching the database. Each record corresponds to a licensed appraiser, and includes contact information and information regarding one or more locations in which the appraiser has expertise. An appraiser-client is accessible to the server through contact information stored in the appraiser database. The server includes a web hosting module that interfaces with the query engine. A customer-client communicates with the server, and orders a valuation of a residence. Videos, photos and architectural plans may be attached to the order. The query engine searches the appraiser database for an appraiser-client whose location information matches the address of the residence.Type: GrantFiled: June 25, 2009Date of Patent: December 18, 2012Inventor: William Andrew Roberts
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Patent number: 8103597Abstract: A computer system for scheduling open houses can include an activity analysis module programmed to analyze one or more characteristics or factors associated with one or more properties that are located within an activity zone. The computer system can also include a schedule optimization module programmed to suggest an optimum time for a seller to schedule an open house on a particular date, and the schedule optimization module being programmed to suggest an open house itinerary for a buyer. The computer system can also include an activity alert module programmed to monitor the computer system and to notify the buyer or the seller of new activities in the computer system.Type: GrantFiled: January 17, 2007Date of Patent: January 24, 2012Inventor: Kristopher John Arnebeck
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Patent number: 7991702Abstract: A system and method for management of real estate open house data includes a database and a website configured to provide access to information from the database. The website is configured to communicate with a user identification device, in the form of a user's cell phone or other mobile device, upon a user's entry into the open house, to transfer user identification data to the database.Type: GrantFiled: May 15, 2008Date of Patent: August 2, 2011Inventor: Anthony G. Marino
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Patent number: 7941381Abstract: A system and method for calculating a space required for a tenant in a building includes determining the areas of rooms required by the tenant. A circulation factor for each of the rooms based on the area of each room is calculated. The total of the room areas and the circulation factors are added to determine a pure space required by the tenant. The losses in actual usable space are determined for a building and an inefficiency factor is calculated based on these losses. The pure space is multiplied by the inefficiency factor to obtain a building efficiency loss. The building efficiency loss is added to the pure space to obtain the space required for the tenant in the building. The system may be configured on a network computer system or a standalone computer.Type: GrantFiled: November 22, 2005Date of Patent: May 10, 2011Assignee: Leasecorp Ltd.Inventor: Michael J. Walker
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Patent number: 7822691Abstract: A method for estimating a real estate price index based on a repeat sales model.Type: GrantFiled: December 26, 2002Date of Patent: October 26, 2010Assignee: Fannie MaeInventor: Chionglong Kuo
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Patent number: 7788187Abstract: The methods of the invention include interrogating a user provided “Abandoned Property DataBase” (APDB) and assigning a probable escheat jurisdiction to each account based on a series of user-selected processing options. The invention appends confidence codes indicating how each escheat decision was reached, enabling users to make informed decisions as to which accounts require additional manual review and ultimately, which escheat to each jurisdiction. The invention can also correct addresses, parse extraneous data, append alternate escheat jurisdictions, provide Office of Foreign Asset Control (OFAC) compliance validation, and allow real-time review and updating of account data and escheat determinations. The invention will increase the likelihood of lost assets being reunited with their rightful owners and/or turned over to the proper jurisdiction.Type: GrantFiled: September 26, 2003Date of Patent: August 31, 2010Inventor: Thomas Berger
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Patent number: 7676376Abstract: The rate and distribution system of the present invention enables an user to more accurately and quickly generate specific rental rates employing a browser-based system. In a preferred embodiment of the invention, the rate and distribution system includes an interactive graphical mapping interface depicting the geographic location of the entities of an equipment rental business. The mapping interface preferably comprises a touchscreen and is configured to allow an user to define a region by selecting it on the map. Upon defining a region, the system enables the user to set a rental rate for the defined region. In a more preferred embodiment of the invention, the system enables the user to identify the equipment category to which the rate applies and select a future effective date for the rate.Type: GrantFiled: March 10, 2003Date of Patent: March 9, 2010Assignee: U-Haul International, Inc.Inventor: Renee Colman