Minnesota Assignment — Individual Inventor is a legal document that allows an inventor in the state of Minnesota to transfer their rights to an invention to another party. This assignment is commonly used when an individual inventor wants to sell, license, or transfer ownership of their invention to a company, organization, or another individual. The Minnesota Assignment — Individual Inventor is a crucial document that ensures the transfer of ownership is legally binding and protects the rights of both the inventor and the new owner. It outlines the terms and conditions of the transfer, including the scope of the rights being transferred, any compensation or royalties involved, and any restrictions or limitations on the use of the invention. There are no different types of Minnesota Assignment — Individual Inventor as it is a standardized legal document used for all types of inventions and inventors in Minnesota. However, the specifics of the assignment may vary depending on the nature of the invention and the particular needs and agreements between the inventor and the new owner. Keywords: Minnesota Assignment, Individual Inventor, transfer of rights, invention, legal document, sell, license, transfer of ownership, inventor, company, organization, compensation, royalties, restriction, limitation, standardized, nature of the invention, particular needs, agreements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.