Inventors:
Gregory A. Youngs - San Antonio TX, US
David L. Earl - San Antonio TX, US
International Classification:
G06Q 40/00
Abstract:
A computer implemented method and system for financing and reimbursement of infrastructure and improvements to real property. The method results in the reimbursement of certain costs of infrastructure and improvements made to the land. These improvements could include utilities, streets and drainage among others. Data received via a wide area network from a client and multiple databases is processed, automatically generating and delivering via e-mail protocol or website access, proposals and financial projections unique to that client. The data is further processed generating a covenant or similar instrument recorded in the real property records. The instrument creates a lien running with the land obligating future owners to pay assessments for set period of time and or total dollar amount. Certain data bases are periodically accessed determining property ownership and values with the resultant information processed and calculated automatically, creating invoices for delivery via e-mail protocol and postal service.