Trademark Assignment
Looking to transfer ownership of your trademark or acquire rights to an existing brand?
At Ruchita Dang & Associates, we simplify the legal process of Trademark Assignment, ensuring every transfer is lawfully executed, registered with the Trademark Registry, and enforceable.
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What is Trademark Assignment?
Trademark Assignment refers to the process of legally transferring ownership of a registered or applied-for trademark from one party to another. This includes both rights and obligations related to the mark. It can occur with or without the goodwill of the business.
Types of Trademark Assignment
- Complete Assignment : Transfer of all rights including ownership, rights to license, royalties, and usage.
- Partial Assignment : Trademark is assigned only for specific goods or services within a class.
- Assignment with Goodwill :Trademark rights are transferred along with the associated business reputation.
- Assignment without Goodwill : Trademark is transferred but not the business reputation attached to it.
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Documents Required for Trademark
Assignment
Trademark Assignment Procedure in India
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Frequently Asked Questions
A trademark assignment is the legal process whereby a registered or pending trademark is transferred from one party to another. The party to whom the ownership is assigned gets to enjoy the entire rights, title, and interest in the trademark.
Trademark Assignment brings about the clarity of ownership in the legal sense which automatically means that there will be less chances of disputes in the future. At the same time, it allows to turn the brand assets into cash through licensing, sale, or transfer. Skilled Trademark Assignment Services take care of the propriety and efficiency of the entire process.
Trademark Assignments in India can be classified into four categories:
- Complete Assignment: conveys the entire rights of the trademark.
- Partial Assignment: convey rights limited to certain goods or services.
- Assignment with Goodwill: convey rights along with the brand’s reputation.
- Assignment without Goodwill: rights are conveyed without the brand’s reputation.
A Trademark Assignment Consultant can guide you to the right option that meets your business needs.
A written assignment agreement between the assignor and assignee executes a trademark assignment. The Trademark Registry must receive this agreement using Form TM-P. Professional Trademark Assignment Services assist the clients in drafting and registering this agreement correctly.
The Trademark Assignment process generally lasts for 3 to 6 months based on the registry’s examination and sanction. Expert Trademark Assignment Services contribute to the rapidity of this process by making sure that there are no mistakes in the filings, and also, the case is continuously followed up on.