Fax Mark Assignment Agreement For Free

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. Trademark assignment agreements both provide records of ownership and transfer and protect the rights of all parties.

Trademarks are assets of a business. They are included under intangible assets in the balance sheet. For the purpose of accounting, a trademark is capitalized, meaning that it is recorded in the books of accounts as an asset through a journal entry.

Individuals, small enterprises, or startups must file with the TM application by paying a fee of ? 4,500 for e-filing or ?5,000 for filing by hand. Based on the type of TM applied as per the stamp duty act, one needs to pay 5% stamp duty per TM application or assignment submitted.

Recorded assignment information will be made a public record. The official filing fee for recording a trademark assignment is $40.00 for the first trademark application or trademark registration and $25.00 for the second or subsequent trademarks for the same trademark owner.

This assignment of trademark in india can be done with or without assigning the business goodwill. In case of a registered trademark, such an assignment is required to be recorded in the Register of a trademark.

A trademark assignment (or trademark transfer) is both the process and the documentation of the change in the ownership of a trademark. The trademark assignment document must be signed by the assignor or owner of the trademark in favor of the assignee or the new owner receiving the property rights over the trademark.

Since trademark assignment involves transferring rights over an asset (that usually costs a lot of money), notarizing is important. Moreover, at the time of transfer, the assignor submits an affidavit that is notarized mentioning that the Trademark is truly theirs.