South Dakota Assignment of Service Mark and Trade Dress

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Multi-State
Control #:
US-1340817BG
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Word; 
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Description

A trademark is a word, design or combination used by an individual or a business to identify its goods or services. Marks identifying services rather than goods are technically referred to a service mark.
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FAQ

Section 39 stipulates that an unregistered trade mark may be assigned or transmitted with or without the goodwill of the business concerned. A request has to be made on Form TM-16 for an unregistered trademark to be assigned or transferred.

Form TM 48 FormatAgent's Code: Agent CodeTrademark Attorney or Agent Address Line 1 Address Line 2 City, State Pin CodeSignature of Trademark Applicant.To, The Registrar of Trade Mark, The Office of the Trade Marks Registry, Respective Trademark Office

The Trademark Assignment Should Be in Writing Although an assignment need not be in writing to be effective, it's strongly recommended that it be in the form of a written document signed by both the assignor and the assignee.

Assigning a registered trade markIdentify the assignor and the assignee (i.e. the business buying the trade mark) State the effective date of the assignment. State the amount of consideration being paid by the assignee. Contain details of the trade mark being assigned.

Assignment of a trademark means to transfer the owner's right in a trademark to another person. The transferring party is called the assignor, and the receiving party is called the assignee.

Instead, a trademark must be assigned through an Assignment of Rights. That Assignment must transfer not only the trademark and the registration, but must also transfer the goodwill behind the trademark to be valid.

Typically only the party assigning the intellectual property must sign the assignment, and while notarization is strongly preferred it is not strictly required. Once as assignment has been executed, it should be recorded.

What are the documents required for licensing a trademark assignment ? A valid identity proof of both parties, a copy of the assignment agreement and a filled form TM-P of Trademarks Act 1999 must be produced along with fee payment.

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South Dakota Assignment of Service Mark and Trade Dress