"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.
Rapid UML
Rapid UML solution extends ConceptDraw PRO software with templates, samples and libraries of vector stencils for quick drawing the UML diagrams using Rapid Draw technology.
- UML Use Case Diagram Example - Estate Agency | Financial Trade ...
- UML Use Case Diagram Example - Estate Agency | UML Tool ...
- UML Use Case Diagram Example - Estate Agency | UML ...
- UML deployment diagram - Real estate transactions | UML Tool ...
- UML deployment diagram - Real estate transactions | Work Order ...
- Rapid UML | Data Flow Diagrams (DFD) | UML Diagrams with ...
- Class Diagram For Real Estate Management System Online
- Uml Diagram Real Estate System
- Social media activity of a real estate agent | UML deployment ...
- UML Use Case Diagram Example - Estate Agency | UML Class ...
- Social media activity of a real estate agent | Work Order Process ...
- System Flowchart Of Real Estate Project
- UML Use Case Diagram Example - Estate Agency | UML Class ...
- Online Real Estate Use Case Diagrams
- UML Use Case Diagram Example - Estate Agency | Work Order ...
- UML Use Case Diagram Example - Estate Agency | UML Tool ...
- Use Case Diagram Of Real Estate System
- UML Use Case Diagram Example - Estate Agency | Work Order ...
- Sequence Duagram For Real Estate
- UML deployment diagram - Real estate transactions | UML ...