Patents by Inventor Michael John Baron Smith

Michael John Baron Smith has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20090132426
    Abstract: Disclosed are arrangements for selling property off the plan, involving issuing (in a step ‘8’ in FIG. 6) an undertaking from a bank of a purchaser in favour of the developer from whom the property is to be purchased. The undertaking may be assigned (in a step ‘12’ in FIG. 6) to the developer's bank. The undertaking is legally enforceable by the assignee (in a step ‘15?’ in FIG. 6) if the purchaser, notwithstanding the fact that the developer has completely fulfilled the contractual obligations, defaults on his obligation at settlement.
    Type: Application
    Filed: March 23, 2006
    Publication date: May 21, 2009
    Inventors: Michael John Baron Smith, Michael John Kelly