System and method for facilitating transactions between two...

Details System and method for facilitating transactions between two... System and method for facilitating transactions between two...

2008-10-20

2011-12-13

Elisca, Pierre E (Department: 3718)

Data processing: financial, business practice, management, or co

Electronic negotiation

C705S064000, C705S067000, C713S193000

Reexamination Certificate

active

08078544

ABSTRACT:
The present invention provides a system and method for facilitating a transaction between two or more parties. Electronic documents are received from a party and are posted to the secured account such that each party can retrieve and modify the electronic documents. Upon agreement, the electronically signed documents are provided to the parties. The present invention also provides a method for facilitating a proposed transaction between an originating party and a potential buying party using various levels of unrestricted and restricted descriptions of the proposed transaction tied to conditions of release. The requested restricted description is provided to the potential buying party whenever the potential buying party agrees to the one or more conditions of release for the requested restricted description.

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