Registration of a new trademark is a lengthy process instead existing registered trademark can be bought and sold through an Assignment of trademark. Legalese Law Firm provides a reliable platform to acquire ownership rights in the trademark by the assignment process and provides oppurtunity to interact directly with buyer.
Process of Assignment ( Buy and sell of trademark )
- Due Diligence: Verify the status of the trademark (registration, validity, litigation, oppositions).
- Valuation: Assessment of the commercial value of the trademark and stamping of the trademark.
- Reference to trademark owner: Direct reference to the proposed seller and purchaser.
- Representations & Warranties: Include clauses related to ownership, non-infringement, and absence of encumbrances.
- Transfer of Trademark - Execution of the assignment deed for the transfer of ownership of the trademark in the name of the purchaser
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