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Transferring registration ownership, changing owner name. A trademark assignment is the transfer of an owner's property rights in a given mark or marks.Fill out the Recordation Form Cover Sheet, which can be completed online. 4. Complete the name of the assignor (person or business entity who is assigning mark to new owner). 5. Trademark assignment is the complete transfer of trademark rights to another person or entity via sale of the trademark. How can you transfer ownership of a trademark application or registration? 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. Assignments of trademarks may be express or implied. Both trademark registrations and applications may be assigned. Indicate at the top of the application which type of registration is being assigned.