Assignment Recordation puts the USPTO on official notice pertaining to ownership of the Intellectual Property.
Subject to the provisions set forth in the MPEP, patents shall have the attributes of personal property. A patent for an invention is the grant of a property right to the inventor. It may be assigned (sold) or licensed (rented) to others to produce income or capital gain. The Patent and Trademark Office shall maintain a register of interests in patents and applications for patents and shall record any document related thereto upon request, and may require a fee therefor.
Applications for patent, patents, or any interest therein, shall be assignable in law by an instrument in writing. The applicant, patentee, or his assigns or legal representatives may in like manner grant and convey an exclusive right under his application for patent, or patents, to the whole or any specified part of the United States.
Our Firm provides the service of Recording the Assignment document with the USPTO once a patent application number or a patent number has been established for the associated invention. To begin this process, submit the below online form and you will then be directed to our payment portal for payment of associated legal fees for this submission.
When an Inventor or Company wants to transfer their patent rights to either their holding company or to another corporate entity, the Assignment document may be recorded with the USPTO. This notifies the USPTO of the transfer of ownership and indicates who currently owns the Intellectual Property rights of the invention.