"A real estate transaction is the process whereby rights in a unit of property (or designated real estate) is transferred between two or more parties, e.g. in 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, the amount of money being exchanged, and government regulations. Conventions and requirements also vary considerably among different countries of the world and among smaller legal entities (jurisdictions).
In more abstract terms, a real estate transaction, like other financial transactions, causes transaction costs. To identify and possibly reduce these transaction costs, the Organization for Economic Co-operation and Development (OECD) addressed the issue through a study commissioned by the European Commission, and through a research action.
The mentioned research action ‘Modelling Real Property Transactions’ investigated methods to describe selected transactions in a formal way, to allow for comparisons across countries / jurisdictions. Descriptions were performed both using a more simple format, a Basic Use Case template, and more advanced applications of the Unified Modelling Language. Process models were compared through an ontology-based methodology, and national property transaction costs were estimated for Finland and Denmark, based on the directions of the United Nations System of National Accounts." [Real estate transaction. Wikipedia]
The UML deployment diagram example "Real estate transactions" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Rapid UML solution from the Software Development area of ConceptDraw Solution Park.
In more abstract terms, a real estate transaction, like other financial transactions, causes transaction costs. To identify and possibly reduce these transaction costs, the Organization for Economic Co-operation and Development (OECD) addressed the issue through a study commissioned by the European Commission, and through a research action.
The mentioned research action ‘Modelling Real Property Transactions’ investigated methods to describe selected transactions in a formal way, to allow for comparisons across countries / jurisdictions. Descriptions were performed both using a more simple format, a Basic Use Case template, and more advanced applications of the Unified Modelling Language. Process models were compared through an ontology-based methodology, and national property transaction costs were estimated for Finland and Denmark, based on the directions of the United Nations System of National Accounts." [Real estate transaction. Wikipedia]
The UML deployment diagram example "Real estate transactions" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Rapid UML solution from the Software Development area of ConceptDraw Solution Park.
Data Flow Diagrams (DFD)
Data Flow Diagrams solution extends ConceptDraw PRO software with templates, samples and libraries of vector stencils for drawing the data flow diagrams (DFD).
HelpDesk
How to Create a Floor Plan Using ConceptDraw PRO
Making a floor plan is the best way to get a handle on how to organize your living space, and find out what could be changed. Creating a floor plan to scale is a challenge of the home and interior design process and can be noticeably helpful for visualizing things like furniture layout. You can use ConceptDraw PRO to produce layouts of real estate properties. ConceptDraw PRO contains the large quantity of pre-designed vector objects that you can use for quick and easy designing such floor plans. You can easily determine the size of the rooms and distances in you drawing. The ability to create a floor plan is delivered by the Floor Plans solution. This solution extends ConceptDraw PRO with libraries that contains over 500 objects of floor plan elements. There is a set of special objects that displays the sizes, corners, squares and other technical details using the current measurements of units.Divided Bar Diagrams
The Divided Bar Diagrams Solution extends the capabilities of ConceptDraw PRO v10 with templates, samples, and a library of vector stencils for drawing high impact and professional Divided Bar Diagrams and Graphs, Bar Diagram Math, and Stacked Graph.
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