Trademarks refer to the intellectual property of a business that distinguishes it from others. Trademarks gained popularity during the industrial revolution when one company tries to gain an edge over the other businesses offering similar goods/services. Innovative manufacturing processes have increased the efficiency of a business. Access to technological and scientific innovations has made competition high in the market.
It has led to manufacturers and traders using unique words or symbols to differentiate their business from others selling or handling similar goods. You can make money out of selling the trademark. Trademark assignment refers to a document with written instructions indicating the transfer of intellectual property (A unique symbol, word, phrase, or design) by the owner to another person.
During the trademark assignment in India, the transfer of the assignor’s title, rights, and interest linked to the trademark becomes transferred to the new owner, also known as the assignee. The transfer of ownership of the trademark can happen with or without the goodwill of the business. A registered trademark transfer can occur at the Register of Trademarks. You can also assign a trademark using an agreement. We offer assistance to transfer trademarks and make the complicated process simple.