Clean street in the Trademark Assignment Agreement

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How to Clean street in the Trademark Assignment Agreement

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MARK TRADEMAN, TMIN NEWS ANCHOR: Did your business change its name? Change its entity type? Has the ownership of your trademark changed hands? If so, and you have a live federal trademark application or registration, you must tell the USPTO about these ownership changes. If youre not sure how to go about that, stay tuned. Well let you know what three of the most common types of changes are, how to record these changes with the USPTO, and why its so important to keep your ownership information up-to-date. So, what exactly is an ownership change. Simply put, it involves any modification of the legal entity that owns the trademark application or registration. It might be a simple change, such as a change in the owners name or entity type, or it might be a little more complex, like an assignment through the sale of an entire business. Lets take a look at three of the most common types of changes. Change in name. Here, the owner of the trademark stays th

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Does a trademark assignment need to be in writing?

Trademark assignments must be in writing. The recording date of a document is the date it is filed with the USPTO. There may be assignments that are in whole or others that are considered to be partial assignments.

What is an assignment of a trademark?

Trademark owners may need to transfer ownership or change the name on their application or registration. This could happen while your trademark application is being examined or after your trademark has registered.

Does a US trademark assignment need to be notarized?

Assignments are transfers of the entire interest in a patent from one entity to another. They are distinguished from licenses, which give another person a limited right to the patent. In the US, there is no requirement that an assignment be notarized.

Do trademark assignments need to be notarized?

It's a good idea to have your assignment notarized. This will limit later challenges to the validity of a party's signature or of the transfer itself. If your agreement is complicated, do not use the enclosed form. Contact an attorney to help you draft an assignment that will meet your specific needs.

Does a trademark assignment need to be signed by both parties?

Prepare a Trademark Assignment Agreement To be valid, the assignment must be signed by both parties. The parties should consult an attorney, specifically a trademark attorney, who can help draft an assignment that includes all the necessary information and language.

Who can file a trademark assignment?

A trademark assignment is a document signed by the original owner (“assignor”) that transfers ownership of the trademark to a new owner (“assignee”). In most cases, the new owner does not need to sign the document because only the assignor signs the trademark assignment to transfer trademark rights.

What is the main requirement for a trademark?

Two basic requirements must be met for a mark to be eligible for trademark protection: it must be in use in commerce and it must be distinctive. The first requirement, that a mark be used in commerce, arises because trademark law is constitutionally grounded in the congressional power to regulate interstate commerce.

Who can record a trademark assignment?

Assignments can be recorded either through the Trademark Office's Electronic Trademark Assignment System (ETAS), or by filling out a Recordation Form Cover Sheet (Form PTO-1594) and mailing it in.

Does trademark assignment need to be recorded?

(a) A trademark application or registration which forms the basis of a fastener recordal may be transferred or assigned. Any transfer or assignment of such an application or registration must be recorded in the United States Patent and Trademark Office within three months of the transfer or assignment.

What is the difference between assignment and transmission of trademark?

The terms Assignment and Transmission are used interchangeably. An assignment is a transfer of ownership of a brand. In contrast, transmission is an agreement that retains ownership of a trademark but allows another party to use part of the trademark, but not the entire stamp duty for trademark assignment.

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