How can I transfer my patent rights?

Transferring a patent right is a relatively simple process in Kansas. The first step is to enter into an agreement with the new owner. This agreement should outline the terms and conditions of the transfer. The agreement should also specify how the new owner will use or modify the product or service. Once the agreement is finalized, the transfer can then be filed with the United States Patent and Trademark Office. The actual transfer document is called an “assignment” and it must have the signature of both the current owner and the new owner in order to be valid. The assignment will need to include all relevant information such as the name and address of both parties, the patent number, and the title of the patent. After the document has been filed, the USPTO will then enter the transfer into their records. If the patent rights are being transferred to a business entity, they may need to be formally accepted. This can be done through a Board of Directors Resolution approving the transfer. The last step in transferring a patent right is to pay the USPTO any applicable fees associated with the transfer. Overall, transferring a patent right in Kansas is a straightforward process that requires a few documents and legal transactions. Once all the paperwork is filed, the transfer of the patent right is complete and the new owner can begin to make use of the product or service.

Related FAQs

What is a utility patent?
What are the costs of maintaining a patent?
Can I get a patent without filing an application?
What is a prior art search?
What is an international patent?
What if someone else has a similar invention?
What is a patent infringement?
What is patent licensing?
What is a patent?
What is a “provisional patent”?

How can I transfer my patent rights?

Related FAQs

Related Blog Posts