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Trademarks like any asset can be transferred from one owner to another. Such transfers can take place in the form of an assignment, or merger or amalgamation between two entities. For instance: Assignment is where entity A assigns or transfers or transmits the rights over his/her trademarks to entity B.
What is a trademark? A trademark is any word, phrase, symbol, device or combination thereof, that identifies and distinguishes the source of goods of one party from that of another. A Service Mark is the same as a trademark, except it identifies and distinguishes the source of a service rather than a product.
What Are Trademark Requirements? Provide your name and address as owner of the trademark. State the entity type (individual or corporation) and your national citizenship. Demonstrate actual use or a real intent to use the trademark in commerce. Give a detailed description of the product being trademarked.
Trademark vs. Service Mark. The bottom line is that a trademark represents a product produced by a business while a service mark represents a service offered by the business. A single business can register both trademarks and service marks to brand themselves.
The USPTO defines service marks as a particular type of trademark that, instead of identifying a tangible good, is used to ?identify services, that is, intangible activities, which are performed by one person for the benefit of a person or persons other than himself, either for pay or otherwise.?
Service marks are a type of trademark. In other words, they are trademarks used to market services instead of products or goods.
Steps in Assigning a Trademark Draft an assignment agreement and have it signed by both parties. ... Fill out the Recordation Form Cover Sheet, which can be completed online. ... Submit both the agreement and the cover sheet to the USPTO's Assignment Recordation unit.