What is a patent assignment?

A patent assignment is a legal document used to transfer ownership of a patent from one party to another. It is important to note that the owner of the patent must sign the assignment in order for it to be legally binding in California and other states. In the document, the assignor – the patent owner – assigns, or transfers, their rights to the assignee – the party taking ownership. This typically includes the right to make, use, or sell the patented invention, as well as the right to file lawsuits against third parties for infringing the patent. The assignee must then register the patent with the US Patent and Trademark Office (USPTO) in order to receive all the legal benefits associated with owning a patent. When a patent is assigned, the assignor must provide specifics, including the patent number and a clear description of the technology that was assigned. Depending on the state, the assignor may also be responsible for paying filing fees and providing additional information to the USPTO. In California, it is possible to assign ownership of a patent electronically or in writing. However, the assignment must include certain elements in order to be valid, such as the signature of both parties and certain details about the technology that is being assigned. The assignment must also be filed with the USPTO to become legally binding. Without filing it, the assignment has no legal effect.

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What is a patent assignment?

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