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The video tutorial discusses the often-confused topic of intellectual property (IP) ownership in agreements. It emphasizes the importance of clearly assigning ownership and the distinction between ownership and licensing. Assigning ownership, commonly referred to as "work for hire," means transferring full rights and control of the created IP to another party. In this case, the creator relinquishes all rights associated with that work. In contrast, licensing allows the creator to retain rights while permitting another party to use the IP under defined terms. The tutorial highlights the need for clear language in agreements regarding these two concepts to avoid misunderstandings.