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hi everyone Matt yachtsman here intellectual property and business attorney I want to talk to you today about a conversation I had with a friend earlier the friend was asking me where Ive got some intellectual property and Im going to sell it it might be to another company might be to another person it might be to a trust where youre going to sell some intellectual property what do you have to do to transfer it well its a great question and the short answer is you need two things first you need a contract some agreement to sell it or transfer it its often called an assignment it might be part of a larger agreement and second you need to record that sale that transfer with the relevant intellectual property office please dont make the common mistake of failing to record that if its a patent its with the US Patent and Trademark Office the patent side trademark same thing but on the trademark side if its a copyright registration need to record it with the US Copyright Office the