Home > Term: patent
patent
A document that conveys title to the ground, and no further assessment work need be done; however, taxes must be paid. The procedure of obtaining a patent is divided into five steps: (1) a mineral surveyor is paid to make a patent survey, to adjust boundaries and correct errors, in which case an amended location should be made; (2) at least $500 worth of improvement must have been made per claim; (3) the presence of valuable mineral must be proven beyond reasonable doubt; (4) the matter is taken up with the local land office, and the proper notices must be published in the papers for a specified time; and (5) the purchase price of the land is paid and the patent is received.
- Jenis Kata: noun
- Industri / Domain: Pertambangan
- Kategori: Peratmbangan secara umum; Mineral mining
- Government Agency: USBM
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Penulis
- ed.young
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(Milwaukee, United States)