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Mark Trademan, TMIN News Anchor, discusses the importance of notifying the USPTO about ownership changes related to federal trademark applications or registrations. Such changes may include a business name alteration, a change in entity type, or a transfer of ownership. Correctly recording these changes is crucial for maintaining accurate ownership information. The tutorial will cover three common types of changes: a change in the owner's name while retaining the same legal entity, a modification of the entity type, and a more complex situation involving the sale of a business. Understanding and properly documenting these changes is vital for trademark protection.