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In the US, the inventor is presumed to be the initial owner of a patent or patent application. If there is more than one inventor, there may be more than one owner. Ownership can be transferred or reassigned.
The assignee is the entity that has the property right to the patent. Patents are property. The inventor and the assignee may be one in the same but an employee will more than likely assign a patent to a company. The assignment of a patent is independent from the inventorship.
All parties must sign the agreement, with limited exceptions in situations where the assignor cannot be docHubed but where enough evidence exists that documents their intentions and rights. File the patent assignment with the USPTO within three months after the agreement is signed, paying the then-current fee.
1. Assignment Legal Assignment. Equitable Assignment. Mortgage.
There are four types of patent assignments: Assignment of Rights - Patent Issued: This is for patents that have already been issued. Assignment of Rights - Patent Application: This is for patents still in the application process. After filing this form, the assignee can be listed as the patent applicant.

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Assignee: Organization(s) and individual(s) that have an ownership interest in the legal rights a patent offers. There may or may not be an assignee. An assignee is often the organization employing the inventor of the technology. An assignee can also change at a later date.
The applicant may either make the application in the Patent Office himself or jointly with any other person. The assignee of the inventor is the person with whom the inventor has entered into a contract and given that person all the rights to deal with the patent.
Though the agreement is a legal document, it does not need to be docHubd. However, obtaining notarization for the signatures provides added protection, limiting the risk of a party later claiming a signature was not valid.
For a patent assignment agreement to be valid in the U.S., it must be docHubdor at least signed in front of two witnesses.
Assignee: Organization(s) and individual(s) that have an ownership interest in the legal rights a patent offers. There may or may not be an assignee. An assignee is often the organization employing the inventor of the technology. An assignee can also change at a later date.

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