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This transfer of ownership is called an assignment. There are fees associated with assignment changes.To change the owner of a federal trademark registration or application, a trademark assignment should be signed and recorded with the USPTO. When the ownership of a mark is permanently transferred to another person or business, it is called assignment. Sometimes Federal Trademark or Servicemark owners transfer their ownership of a Mark to another entity, which is called an Assignment. A trademark assignment is the transfer of an owner's property rights in a given mark or marks. This form is to be used as a template only. The full amount of the filing fee must be submitted along with the completed assignment form. Transferring ownership is known as a trademark assignment. To transfer the ownership of a registered trademark or service mark, please complete and file the Assignment of a Trademark or Service Mark (PDF).