Overview of OSCRE process

Typically, two application servers communicate to send and receive lease abstract records under the Open Standards Consortium for Real Estate (OSCRE) standard. For example, assume that you employed a third-party abstractor organization to abstract leases into their own server. Assume that their application server is named "Abstractor Server" and your application server is named "Customer Server". This overview describes the process.

Configuration

After configuration, the IBM® TRIRIGA® application is ready to support all of the actions in the OSCRE lease abstract standard:
  • Send lease abstract
  • Accept lease abstract
  • Reject lease abstract
  • Request lease abstract clarification
  • Provide lease abstract clarification

Abstractor sends the lease abstract

The abstractor creates a lease abstract record on their IBM TRIRIGA server called "Abstractor Server". They save the record as an external draft, edit the record, and submit it for review. The record is approved. Then, they reopen the lease abstract record and send it to the incoming email account of your "Customer Server". In "Abstractor Server", the record updates to Sent status and the record is sent by email.

Figure 1. Flow diagram for sending the lease abstract under the OSCRE standard
An image that shows the path for sending the lease abstract under the OSCRE standard.

You receive the lease abstract

You receive the lease abstract record in Received status on your IBM TRIRIGA server called "Customer Server". You can open the record and accept it, reject it, or request clarification.
  • If you accept it, the record updates to Accepted status. You can edit and activate the lease abstract record in your "Customer Server".
  • If you reject it, the record updates to Rejected status.
  • If you request clarification, the record updates to Pending Clarification status.

You send the abstract status

Your "Customer Server" sends the record status to the incoming email account of "Abstractor Server".
  • If the "Abstractor Server" receives an acceptance, the record updates to Accepted status.
  • If the "Abstractor Server" receives a rejection, the record updates to Rejected status.
  • If the "Abstractor Server" receives a request for clarification, the record updates to Clarification Requested status.
Figure 2. Flow diagram for sending an acceptance under the OSCRE standard
An image that shows the path for sending an acceptance under the OSCRE standard.

Abstractor sends the clarification

When the abstractor decides to provide clarification, they reopen the clarification requested record, update it as needed, and send the record. The record updates to Clarification Provided status.

Figure 3. Flow diagram for providing clarification under the OSCRE standard
An image that shows the path for providing clarification under the OSCRE standard.

You receive the clarification

When your "Customer Server" receives the provided clarification, the record updates to Clarification Provided status. You can decide to accept it, reject it, or request clarification again. The OSCRE processing for each lease abstract record might continue between the two IBM TRIRIGA servers until you decide to accept. After the lease abstract record is accepted, it can be edited or activated.