Fill Out Trade Name Assignment

Aug 6th, 2022
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How to Fill Out Trade Name Assignment

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In this episode of "All Up In Yo Business," attorney Aiden Durham from 180 Law Co. discusses DBAs (Doing Business As) and their proper use in business. He emphasizes the importance of understanding that different states may have varying terms for DBAs, such as trade names or fictitious names. Additionally, he clarifies that registering a DBA is not the same as registering a trademark; however, trademark rights do apply to DBAs. Viewers are encouraged to like, subscribe, and check the description for additional resources, including a free downloadable business checklist.

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The LLC name, or legal name, is the official name of the entity that is used to sign documents, file tax returns, file lawsuits, or to submit a loan application with a bank. On the other hand, a business name, or trade name, is the name the public uses to identify your business.
Requests to record assignments are filed on line through the Electronic Trademark Assignment System (ETAS) using . A trademark applicant can create and submit a trademark assignment recordation coversheet. You must also submit legal documentation to support the assignment.
A trade name is the name your business is commonly known as or the name you use when advertising or doing business. A trade name is also called a DBA (doing business as) name. A good example of this is Walmart. Walmarts legal business name is Wal-Mart Inc.
The Seller agrees to assign to the Buyer, or to relinquish, all right, title, and interest to any trade names currently held by Seller. Seller shall execute an assignment of trade name for each trade name as required by Buyer or the issuing authority.
A trade name is generally considered the name a business uses for advertising and sales purposes. A trade name is sometimes referred to as a fictitious or doing business as (DBA) title. For example, McDonalds may be the trade name, but the legal name is McDonalds Corporation. A trademark is a brand name.
It provides branding for a company. For example, there are many highly recognized companies having the other DBA name from the companys name such as Google, IBM, Walmart, Visa, eBay, FedEx, 3M, Coca-Cola, Nike, UPS, GAP, Apple, McDonalds, Microsoft, Starbucks, and so on.
A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business. A trade name is commonly known as a doing business as (DBA) name.
Is trade name the same as brand name? A trade name is used in the course of business that doesnt include the full legal name of the business. On the other hand, a brand name is a name given by an organization to a particular product or service.

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