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.
You must submit documents while applying for the transfer of the trademark. The documents required for Trademark Rights Transmission include the following:
Legal Dev has earned a reputation as the best trademark assignment service in India. We have trained and experienced experts coordinating the tasks to fulfil the client’s legal and financial requirements. We have a professional offering guidance and assistance in simplifying legal requirements. We provide regular updates regarding legal procedures to help you make informed decisions. Our reliable and transparent Trademark Assignment Service can aid you in tracking the status of the application. We help you get answers to the various queries regarding the transfer of trademark. We have dedicated and experienced representatives to ensure seamless communication with clients.
Trademark sale or Trademark Ownership Transfer refers to selling intellectual property between two parties. The assigner or the original owner of the trademark can transfer all their rights to the future owner known as the assignee. The use of trademarks has great significance in a business and can impact overall sales. When you have a trademark, it gives uniqueness to your business and stays one step ahead of the others. Selling the trademark refers to assigning the unique symbol, phrase, or words used in a business to another person.
Trademark Transfer can help you generate money with little effort. You may have spent little money to create intellectual property and get a trademark for the intellectual property. However, transferring the rights can help you make money with a small investment.
Unlike the registered trademark, the unregistered trademark has not undergone registration under the 1999 Trademarks Act. However, an unregistered trademark does have protection. While they may not get protection under the Trademarks Act, they can claim protection under the common law. It is also possible to transfer the unregistered trademark.
The Transfer of Trademark Rights requires approval from the intellectual property owner. While people notarize the transfer of trademark, it may not seem like a strict necessity. However, after the execution of the assignment, it requires recording.
Legal Dev can handle all the paperwork related to transferring trademark ownership. Our Transfer of Trademark Ownership India services ensures a seamless interactive process while setting realistic expectations. We also offer better clarity on the entire process to ensure you can make informed decisions.