DR. SCOTT THOMAS HARTNETT, D.O.
Radiology in Miami, FL

License number

Florida OS013417

Professional information

Fraud Prevention For Real Estate Transactions

US Patent:

2013033, Dec 12, 2013

Filed:

Jun 9, 2012

Appl. No.:

13/492851

Inventors:

Scott Hartnett - Miami FL, US
John Romney - Miami FL, US
Richard Xiques - Miami FL, US

International Classification:

G06Q 50/16

US Classification:

705313

Abstract:

A method on a server for detecting fraud in a real estate transaction involving a real estate interest is provided. Parties to the real estate transaction are defined and parties may register with the server. The server receives a first unique identifier for the first party, a unique identifier for the real estate interest, a first purchase amount for the real estate interest, a second unique identifier for the second party, and a second purchase amount. The server compares the first purchase amount with the second purchase amount and the server may transmit a request for a notarization document. The server receives the notarization document, including a third purchase amount. The server compares the first purchase amount with the third purchase amount. Then, the server stores an indicator that the real estate transaction has been vetted.