Trademark Ownership Transfer Services
Transferring ownership of a trademark can be a complex and challenging process, but it's an important step for businesses that want to maintain control over their brand. Whether you're looking to transfer ownership due to a merger or acquisition, or you simply want to pass on the rights to your trademark to someone else, it's crucial to work with a trusted service provider that can guide you through the process. At Trademark Nova, our trademark ownership transfer services are designed to simplify the transfer process and ensure that your rights are protected every step of the way. With our expertise and support, you can feel confident in knowing that your trademark will be transferred seamlessly and efficiently, allowing you to focus on growing your business and protecting your brand.
How it Works
A trade mark gives the owner an exclusive right to use the registered brand name and/or logo for a period of 10 years, renewable for subsequent 10-year periods without a limit in time. If you are selling or buying a trade mark then you need to ensure that you get the right service from the right solicitors. At Trademark Nova, the process of transferring ownership of a trademark typically involves several steps, including:
Determine transfer eligibility
Before you can transfer ownership of a trademark, it's important to make sure you're eligible to do so. You should review the terms of your trademark registration and any agreements or contracts related to the trademark to ensure that the transfer is permissible.
Draft a transfer agreement
Once you've determined that you're eligible to transfer ownership of the trademark, you'll need to draft a transfer agreement that outlines the terms of the transfer, including the rights and responsibilities of both parties involved.
Record & update the transfer
After the transfer agreement is signed, the transfer will be recorded with the relevant trademark office. We will then update the trademark records to reflect the change in ownership. This may involve updating the trademark registration and any other relevant documents.
IP Contracts and Legalities of Trademark Transfers
A well-drafted IP contract is vital when transferring ownership. You want to ensure that terms relating to all aspects of the trade mark and its resemblance are covered and that both the benefits and the liabilities that could arise in the future are clearly agreed upon.
You’ll also want to confirm the legal formalities surrounding a successful transfer and the trade mark itself:
- Is the trade mark registered in the class you wish to use?
- Is it registered in the countries you wish to operate in?
- Is it still valid, or does it risk being struck off?
- Is that which is being transferred agreed upon (for example, is it a partial assignment or complete assignment of the rights)?
More to consider than you first thought, right? The complexity of issues like legal ownership changes of intellectual property rights usually requires a specialist lawyer to consult throughout the process, plus draft and review documents, contracts and more. After all, you don’t want to get something wrong, or not account for a particular situation, and then run the risk of a costly dispute in the future.
Need expert support with a trademark valuation or transfer?
If you’d like help with a trademark assignment, or anything to do with transferring the ownership of intellectual property, including trade marks, design rights and copyright, we’re here to help. This is an area we specialise in. Get in touch with our IP team today to organise a free consultation.
Contact Us
Frequently Asked Questions!
Submit Your Trademark Information
Spend a couple of minutes filling out a simple questionnaire. This will initiate your registration process for your trademark.
Select Your Service & Make the Payment
Get all the details in order! Select your coveted service with Trademark Nova & make the payment for your desired services.
Thorough Evaluation & Trademark Filing
To ensure that your trademark is completely unique, our team conducts a thorough trademark search across numerous databases and then file your trademark with UKIPO.