Zenodata Corp., Louisville, Colo., has released Land Record System, a system the company is dubbing the fastest automated chain-of-title search technology in the industry.According to Zenodata, LRS decreases the amount of time to perform complete title searches by a factor of 5-10, completing most title searches -- and generating completed abstract sheets -- in 10 minutes or less. Users save an average of 20%-30% on the cost of title work, the company said. "The LRS produces full title abstracts and other land record reports faster and more accurately than any other system," says Mark Stevenson, Zenodata's chief executive officer. "Unlike traditional title plants and systems that simply provide a front end for existing data sources, this system goes beyond grantor/grantee and tract indices to extract and import all relevant information from the original source documents." Zenodata develops and markets technology that automates the searching and analysis of land record data for the real estate and lending industries. The company can be found on the Web at http://www.zenodata.com.
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