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If your business has changed its name, entity type, or ownership of a trademark, you must inform the USPTO. This video explains the importance of updating ownership information and provides guidance on how to record these changes. An ownership change involves modifying the legal entity that owns the trademark application or registration, which can be a simple change in name or entity type, or a more complex assignment through the sale of the business. The video discusses three common types of changes: change in name, change in entity type, and assignment of ownership.