What is an abandonment fee?

An abandonment fee is a fee charged by the state of New York when a patent application is abandoned. A patent application is abandoned when the applicant fails to meet certain deadlines without any explanation or does not pay fees due on the patent application. Abandonment is not reversible, so it is important to take care when filing patent applications in New York to avoid the abandonment fee. The abandonment fee is a predetermined amount set by the state of New York and is calculated based on the number of claims in the patent application. The fee may also be higher for applications that are more than five years old. If the fee is not paid, the application will be declared abandoned and the applicant will lose the ability to pursue the patent rights. Paying the abandonment fee will allow the application to move forward, but there may be additional delays depending on the circumstances of the application. To avoid paying the abandonment fee, it is important to adhere to the deadlines and fees set forth by the state of New York when filing patent applications.

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