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A trademark assignment is the transfer of an owner's property rights in a given mark or marks. Such transfers may occur on their own or as parts of larger asset sales or purchases.This transfer of ownership is called an assignment. There are fees associated with assignment changes. Assignment means to transfer the ownership rights of your trademark to a third party in exchange for profit or benefit. A trademark assignment is a written document that helps in the transfer of a well-known word, phrase, symbol, or design from one owner to another. A person can assign the trademark through a trademark assignment agreement. There are various ways of assigning the trademark-. Assignment of trademark means the transfer of the owner's right, title, and interest with respect to the trademark. Assignment of trademark means the transfer of the owner's right, title, and interest with respect to the trademark.