Patents

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Standard Exception Topic

PAT


Patents

You must use an appropriate patent reservation exception if the patent contains express mineral reservations, or if the law relating to issuance of the patent provides a statutory reservation.

Requirements

Standard Exception Subtopic

PATR01

STG

03/16/2010
V 1

Patent required by Company

The Company requires a patent by _______________ to ________________ for its review and recordation. At that time the Company may make additional requirements or exceptions.
Comment: You must use this exception if no patent to the land has been issued (or recorded locally).

See Underwriting Manual


Exceptions

Standard Exception Subtopic

PATX01

ALTA

03/16/2010
V 1

Specific Patent Exception

Reservations and exceptions in the patent by ____________ recorded ____________.
Comment: You must use this exception if the patent contains reservations.

Standard Exception Subtopic

PATX01CLTA

STG

03/16/2010
V 1

STG Patent Exception

(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance therof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.

Comment: This exception, used in some western states, relates to patent reservations, mining claims, and water rights. This exception applies whether or not a matter is shown in the public records.


Standard Exception Subtopic

PATX02

ALTA

03/16/2010
V 1

General Patent Exception

Reservations contained in the patent from the United States of America or the state.
Comment: You must use this exception if the patent does or may contain reservations and if you do not refer to the patent recording information.

Standard Exception Subtopic

PATX03

ALTA

03/16/2010
V 1

Mining Claims Broad Exception

Unpatented mining claims; reservations or exceptions in patents, or any act authorizing the issuance thereof; water rights, claims or title to water.
Comment: This exception, used in some western states, relates to patent reservations, mining claims, and water rights.  This exception applies whether or not a matter is shown in the public records.