Patents by Inventor James E. Weatherly

James E. Weatherly has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method for creating and managing a lease agreement
    Patent number: 6049784
    Abstract: A method for creating and managing a lease agreement includes providing predetermined financial information regarding a potential tenant and a potential landlord to a lease control intermediary, evaluating the information to determine the acceptability of the financial risk associated with the potential tenant, creating a service product in the form of a guaranty directed to periodic lease payments from the lease control intermediary to the landlord for a predetermined amount defining a guaranty limit with the guaranty limit corresponding to a predetermined time period with the guaranty obligation becoming active upon failure of the potential lessee to pay periodic lease payments; providing a lease agreement for execution by the landlord and tenant and the lease control intermediary and depositing periodic lease payments received either from the tenant or made by the lease control intermediary according to the service product into an account held by the landlord, the payments having a management fee removed t
    Type: Grant
    Filed: December 16, 1997
    Date of Patent: April 11, 2000
    Assignee: Capital One Financial Corporation
    Inventors: James E. Weatherly, Charles R. Carey
  • Method for creating and managing a lease agreement
    Patent number: 6023687
    Abstract: A computerized system and method for creating and managing a lease agreement includes a lease control computer (14) including means (18,22) for analyzing and processing predetermined financial information regarding a potential tenant (T) and a potential landlord (L) on behalf of a lease control intermediary, means (24) for evaluating the information to determine the acceptability of the financial risk associated with potential tenant creating a service product in the form of a guaranty (30) directed to periodic lease payments from the lease control intermediary to the landlord (L) for a predetermined amount defining a guaranty limit with the guaranty limit corresponding to a predetermined lime period with the guaranty obligation becoming active upon failure of the potential lessee (T) to pay periodic lease payments: providing a lease agreement (32) for execution by the landlord (L) and tenant (T) and the least control intermediary, and means for depositing periodic lease payments received either from the tena
    Type: Grant
    Filed: December 30, 1998
    Date of Patent: February 8, 2000
    Assignee: Capital One Financial Corporation
    Inventors: James E. Weatherly, Charles R. Carey