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This transfer of ownership is called an assignment. There are fees associated with assignment changes.The Assignor's promise to help with any paperwork needed to complete an assignment (e.g. Trademark assignment is the complete transfer of trademark rights to another person or entity via sale of the trademark. A trademark assignment transfers trademark ownership from one party to another. If you are engaging in a trademark assignment agreement (as either the buyer or seller), make sure the full scope and contours of the deal are in writing. How can you transfer ownership of a trademark application or registration? Once complete, the original owner no longer has a legal interest in the trademark. A person can assign the trademark through a trademark assignment agreement. There are various ways of assigning the trademark-.