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Typically only the party assigning the intellectual property must sign the assignment, and while notarization is strongly preferred it is not strictly required. Once as assignment has been executed, it should be recorded.
Requests to record assignments are filed on line through the Electronic Trademark Assignment System ("ETAS") using . A trademark applicant can create and submit a trademark assignment recordation coversheet. You must also submit legal documentation to support the assignment.
Assignments can be recorded either through the Trademark Office's Electronic Trademark Assignment System (ETAS), or by filling out a Recordation Form Cover Sheet (Form PTO-1594) and mailing it in. There is no charge to file electronically, but the current charge for recordation by mail is $50.00.
Assignment Recordation puts the USPTO on official notice pertaining to ownership of the Intellectual Property. Subject to the provisions set forth in the MPEP, patents shall have the attributes of personal property. A patent for an invention is the grant of a property right to the inventor.
By law, a trademark owner may transfer or sell his or her property rights to another through a legal document referred to as an assignment. An assignment is generally a written agreement in which the two parties have negotiated and agreed to a price. To be valid, the assignment must be signed by both parties.