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MARK TRADEMAN, TMIN NEWS ANCHOR: If your business has changed its name, entity type, or ownership of your trademark, you need to inform the USPTO. Learn about the three common types of changes, how to report them, and why it's crucial to keep ownership information current. An ownership change involves modifying the legal entity that owns the trademark, such as a name or entity type change, or a more complex assignment through a business sale. The three common types of changes are a change in name, entity type, or ownership through assignment.