Search results
Results from the WOW.Com Content Network
The first US land patent was issued on March 4, 1788, to John Martin. [4] That patent reserves to the United States one third of all gold, silver, lead and copper within the claimed land. A land patent for a 39.44-acre (15.96 ha) land parcel in present-day Monroe County, Ohio, and within the Seven Ranges land tract.
Valuation of patent rights is one of the main activities related to intellectual property management within an organization or company. Indeed, knowing the economic value and importance of the intellectual property rights assists in the strategic decisions to be taken on the company's assets, but also facilitates the commercialization and transactions concerning intellectual property rights.
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
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 ...
The original patent term under the 1790 Patent Act was decided individually for each patent, but "not exceeding fourteen years". The 1836 Patent Act (5 Stat. 117, 119, 5) provided (in addition to the fourteen-year term) an extension "for the term of seven years from and after the expiration of the first term" in certain circumstances, when the inventor hasn't got "a reasonable remuneration for ...
Purchase contracts with developers are typically one-sided in favor of the developer, and home buyers must be aware of what they are agreeing to before they sign any contract, attorneys say.
Extensions may be had for certain administrative delays. The patent term will additionally be adjusted to compensate for delays in the issuance of a patent. The reasons for extensions include: Delayed response to an application request for patent. Exceeding 3 years to consider a patent application. Delays due to a secrecy order or appeal.
Upholding enforceability of field-of-use limitations in a patent license Kellogg Co. v. National Biscuit Co. 305 U.S. 111: 1938: Once a patent has expired, the benefits of the invention are to be enjoyed by the public and may not be extended by trademark. Mackay Radio & Telegraph Co. v. Radio Corporation of America: 306 U.S. 618: 1939