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An Assignment of Trade Name is used to transfer a registered trade name from one party to another. Select your state to get started:.A Trade Name Assignment is used to legally transfer all rights of a Trade Name from one person to another. An assignment of trade name allows you to transfer all rights to a trade name from one party to another. Provide the trade name to be assigned. I've sold my business and need to transfer ownership of the trademark. I got married just after I filed my application and my last name changed. A trademark assignment is the transfer of an owner's property rights in a given mark or marks. Trade Name or Fictitious Name Registration Update. If you assign your trade name or fictitious name, the assignment may be recorded with the secretary of state using this form.