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In an assignment of copyright rights, the owner sells his or her ownership rights to another party and has no control over how the third party uses those rights. A copyright assignment is sometimes referred to as a sales agreement for copyright.
A total assignment of copyright must be: In writing. Signed by the assignor and assignee....If executing the assignment as a deed, the deed:Must be written.Must be clear from the document that it is a deed.Must be executed as a deed.Must be delivered as a deed.
The period of assignment, if not specified, shall be five years. The territory of assignment, if not specified, shall be presumed to beIndia. Assignment of copyright contrary to the terms and conditions on which rights have been assigned to a copyright society ofwhich the author of the work is a member shall be void.
Under the Act1 the assignment of copyright (whether full or partial) will not be valid unless the assignment is contained in writing.
No assignment of the copyright in any work shall be considered valid unless it is in writing and signed by the assignor/ his duly authorised agent. The assignment of copyright in any work shall identify such work, and specify the rights assigned, duration and territorial extent of such assignment.
A copyright owner's exclusive rights (either in whole or in part) can be transferred to another party, but it must be in writing and signed by the copyright owner to be considered valid. An authorized agent of the copyright owner (such as an attorney or business associate) can also sign the writing.
The assignment must be done in writing to be valid. Although notarization isn't required, it's a good idea to have someone witness the assignor and assignee signing and dating the agreement. Transfer of ownership usually involves monetary exchange, although that's not a requirement.
The court held that an oral transfer can be given legal effect by a subsequent signed writing, particularly in situations where there is no dispute between the transferor and transferee about the ownership of the copyright.
The main difference between an assignment and a license is who owns the copyright. In an assignment the copyright holder gives up ownership and in a licence, the copyright holder retains it.
In an assignment of copyright rights, the owner sells his or her ownership rights to another party and has no control over how the third party uses those rights. A copyright assignment is sometimes referred to as a sales agreement for copyright.