Trademark Assignment

A trademark is a sign, symbol, word, or words registered or legalized for the use of representation of a company’s product or services. Hence, any tamper or illegal use of this trademark by any other company it does not belong to, gives the authorized company the right to legal action – making trademark of a company the most important feature of its existence.

As a trademark is owned, it can also be sold, transferred, etc., depending on the intention of the owner. The owner can transfer the trademark and its rights to anyone he wishes following legal procedures by way of assignment or licensing. The process of change in ownership of the registered trademark is known as trademark assignment. Whereas, in trademark licensing, there is no change in the owner but a few restricted rights to use the trademark are given to a third party.

A trademark may be assigned to another owner in the following ways:

In any case, the assignment or transfer of the trademark must be recorded with the Registrar of Trademarks.

There are two ways to record a trademark assignment:

Advantages of a Trademark Assignment