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  2. Electronic data interchange - Wikipedia

    en.wikipedia.org/wiki/Electronic_data_interchange

    Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders, advance ship notices, and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements.

  3. XML/EDIFACT - Wikipedia

    en.wikipedia.org/wiki/XML/EDIFACT

    XML/EDIFACT is an Electronic Data Interchange (EDI) format used in Business-to-business transactions. It allows EDIFACT message types to be used by XML systems. EDIFACT is a formal machine-readable description of electronic business documents. It uses a syntax close to delimiter separated files.

  4. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...

  5. X12 Document List - Wikipedia

    en.wikipedia.org/wiki/X12_Document_List

    Real Estate Inspection 245 Real Estate Tax Service Response 248 Account Assignment/Inquiry and Service/Status 259 Residential Mortgage Insurance Explanation of Benefits 260 Application for Mortgage Insurance Benefits 261 Real Estate Information Request 262 Real Estate Information Report 263 Residential Mortgage Insurance Application Response 264

  6. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  7. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    Before the closing happens, the settlement agency must ensure that all the money that the lender and buyer expect to send into escrow matches the total amount expected by parties that need to be paid, such as the seller and real estate agents. This matching process means that accounting information is gathered and the order is “balanced.” [8]

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