Georgia Assignment - Individual Inventor
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FAQ
The total estimated costs that may be incurred during the process of changing the ownership of a single patent range from approximately $235 in the U.S. to $1,549 in Japan (Table 1).
Most patent assignments will identify the inventors as the assignors (i.e., the ones transferring away patent rights) and a company as the assignee (i.e., the one receiving the rights). It is possible to record a subsequent assignment that transfers patent ownership from the first company to a second company.
DECLARATION TO BE GIVEN WHEN THE APPLICATION IN INDIA IS FILED BY THE APPLICANT (S) IN THE CONVENTION COUNTRY: - We the applicant(s) in the convention country hereby declare that our right to apply for a patent in India is by way of assignment from the true and first inventor(s).
A patent transfer is usually accomplished through a contract, like the written agreement form that follows. However, after the parties have negotiated and signed their agreement, the transfer must be recorded with the U.S. Patent and Trademark Office (USPTO).
Generally speaking, patent assignments should be recorded in the USPTO's Assignment Recordation Branch (ARB). While no law requires patent assignments to be recorded, failure to record an assignment may have various adverse consequences.
Use EPAS to create and submit a Patent Assignment Recordation Coversheet by completing on-line web forms and attaching the supporting legal documentation as black and white TIFF or PDF for submission via the internet. You may email questions about filing electronic patent assignments to EPAS@uspto.gov .
There are three main ways in which a patent can be transferred from one person (the patentee) to another: by granting a license, by assignment, or by transmission. A patent license is permission granted by the patentee to another person or company to make, use, or sell the patented invention.
The patent owner may give permission to, or license, other parties to use the invention on mutually agreed terms. The owner may also sell the right to the invention to someone else, who will then become the new owner of the patent.
