Trademark selling / Assignment

Package

Drafting and filings for trademark assignment. Exclusive pricing for filings done through FilingRabbit. Inclusive of government fee & taxes

₹ 17000.00/-

Drafting and Filing of trademark assignment for filings NOT done through FlingRabbit. Inclusive of government fee & taxes.

₹ 20000.00/-

Trademark selling / Assignment

What is the assignment of a trademark?

Trademark is an intellectual property. Just like any other tangible property, the owner of a trademark possesses similar rights. The owner can transfer or assign the rights to its trademark to someone else, for a period of time or indefinitely, based upon the terms of an agreement. A trademark assignment signifies change in the ownership of a trademark. Therefore, if a trademark is registered, the assignment must be recorded at the Registry. The Trademark Registry takes six to eight months to update the ownership data from the date of filing the application. It is important that you keep a track of upcoming trademarks after yours has been filed. We help you keep copycats at bay with trademark watch services. Our highly qualified professionals keep a keen track if a trademark similar to yours has been filed.

WHAT IS THE PROCEDURE OF TRADEMARK ASSIGNMENT?

  • The parties to the assignment are known as the Assignor and the Assignee. They enter into an assignment agreement, called the Trademark Assignment Deed.
  • This agreement must be duly agreed upon and executed before an application regarding it is filed with the Trademark Registry.
  • The application to record the transfer of rights is filed using TM-P, along with submitting the prescribed fee.
  • There should be a proper affidavit which should be filed along the deed.

What is the process of drafting a will?
Step 1

Select Package

Select packages as per your choice and fill out the forms

Step 2

Comprehensive Agreement

(2-3 working days) We Will draft a comprehensive agreement based upon your selection and requirements.

Step 3

revision of Agreement

(2-3 working days) We Will provide you with a copy of the agreement for you to revise.

Step 4

Redrafting (if required)

(1-2 working days) Ig you still feel that there is something that can be modified, we will promptly add it.

Step 5

Final Submission

(2-3 working days) We Will do the final submission of soft/hard copies to you.

WHAT ARE THE TYPES OF TRADEMARK ASSIGNMENT?

Complete Assignment: The owner assigns all the rights of a trademark to the assignee including right to ownership, license etc.

Partial Assignment: The transfer of ownership can be decided upon terms and conditions, which do not allow a complete ownership transfer of the trademark but of the rights specified in the agreement.

Assignment with Goodwill: It is upon the assignor to decide whether the assignee gets the rights over the products sold under the trademark before the assignment. If the assignor lets the assignee enjoy the benefits from the previous products, the assignment would be with goodwill.

Assignment without Goodwill: If the assignor restricts the usage of the trademark to the products sold after the assignment, it will be referred to as an assignment without goodwill.

WHAT ARE THE DOCUMENTS/INFORMATION REQUIRED TO SIGN A TRADEMARK ASSIGNMENT AGREEMENT?

Documents
  • ID of both the parties
  • PAN card of both the parties
  • Date of Assignment
  • Duration of the agreement
  • Aadhar Card
  • Certificate of Registration of the Trademark
Information
  • Details of the parties 
  • The date of assignment 
  • Application number of the registered trademark
  • Consideration
  • Geographical extent
  • If the transfer is with goodwill or without goodwill.
  • Restriction as to the usage of the trademark

What is the process of drafting a will?
Step 1

Select Package

Select packages as per your choice and fill out the forms

Step 2

Comprehensive Agreement

(2-3 working days) We Will draft a comprehensive agreement based upon your selection and requirements.

Step 3

revision of Agreement

(2-3 working days) We Will provide you with a copy of the agreement for you to revise.

Step 4

Redrafting (if required)

(1-2 working days) Ig you still feel that there is something that can be modified, we will promptly add it.

Step 5

Final Submission

(2-3 working days) We Will do the final submission of soft/hard copies to you.

WHAT IS THE MAIN DIFFERENCE BETWEEN TRADEMARK ASSIGNMENT AND TRADEMARK LICENSING?

Trademark Assignment Trademark Licensing
The owner hands over all the rights to the trademark to the other party for a set price.
The owner of a trademark allows the other person to use the trademark for the business, while keeping the ownership of the trademark and enjoying the benefits
The assignment deed must be compulsorily in writing.
License is giving the rights for a specific period of time
Assignment of Trademark can be made wholly or partly
License is not required to be in writing.