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Sell Your Trademark with LPC Consultancy
Your trademark represents the reputation, quality, and value of your business. Over time, as your business grows, the trademark becomes a valuable asset that can be sold or transferred to another entity. Selling your trademark, also known as trademark assignment, allows you to monetize this intellectual property by transferring ownership to a third party. Whether you’re restructuring, merging, or simply looking to profit from your brand’s success, LPC Consultancy provides expert assistance to guide you through the trademark sale process, ensuring a smooth and legally compliant transfer.
6000+ Startups and MSMEs Served
6000+ Startups and MSMEs Served
6000+ Startups and MSMEs Served
OVERVIEW
What is Trademark Assignment?
A trademark assignment is the process of transferring ownership rights of a registered or pending trademark from one party (the assignor) to another party (the assignee). This transfer is permanent and grants the new owner exclusive rights over the trademark, allowing them to use it for the same or similar goods and services. The assignment can be partial or complete, and it can include the transfer of rights in a specific territory or globally. Trademark assignments can also be done with goodwill (the reputation associated with the brand) or without goodwill.
HERE'S HOW IT WORKS
HERE'S HOW IT WORKS
1. Fill Form
Simply fill the above form
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2. Call to discuss
Our expert will
connect with you & complete
legalities.
3. Get Incorporation
Get your Company
Incorporation
BENEFITS
Benefits of Licensing Your Trademark
Reduce Legal and Administrative Responsibilities
Transferring the trademark to a new owner means you no longer need to manage legal compliance, renewals, or trademark monitoring, saving you time and administrative costs.
Focus on Core Business
Selling your trademark allows you to focus on other aspects of your business or new ventures, freeing up resources that were previously dedicated to managing the trademark.
Brand Expansion Opportunities
A trademark assignment can be part of a strategic collaboration where the new owner is better positioned to expand the brand into new markets or regions.
Monetize Your Brand
Selling your trademark provides an opportunity to capitalize on the brand equity you’ve built over time. It allows you to generate revenue from your intellectual property without continuing to operate under that brand.
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Streamline Business Operations
If you are rebranding or exiting a market, selling your trademark helps you streamline operations while ensuring that the brand continues to be used effectively by the new owner.
Types of Trademark Assignments
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Complete Assignment with Goodwill: In this type of assignment, the assignor transfers the full rights and ownership of the trademark, along with the goodwill attached to it. The assignee can use the trademark for the same goods or services and benefit from the brand’s established reputation.
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Assignment without Goodwill: Here, the assignor transfers the rights to use the trademark, but the goodwill associated with the trademark remains with the original owner. This is common when the trademark is sold for use in a different industry or market.
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Partial Assignment: In a partial assignment, the trademark owner transfers ownership rights for only certain products, services, or territories. The original owner retains rights to use the trademark in other areas or industries.
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Assignment of a Pending Trademark: Even if the trademark registration process is still ongoing, the owner can assign the rights to another party. The assignee will become the new applicant and continue the registration process.
How LPC Consultancy Helps You Sell Your Trademark
Selling a trademark involves careful legal documentation and a formal transfer of rights. At LPC Consultancy, we provide comprehensive assistance throughout the assignment process to ensure that the transaction is legally sound and beneficial to both parties. Here’s how we help:
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Trademark Valuation: Before selling your trademark, it’s important to assess its market value. Our experts help determine the value of your trademark based on factors such as brand recognition, market presence, and goodwill, ensuring that you receive a fair price for the sale.
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Drafting the Assignment Agreement: A well-structured trademark assignment agreement is essential for ensuring a smooth transfer of rights. LPC Consultancy drafts a legally binding agreement that includes details such as the scope of the assignment, whether goodwill is included, financial terms, and any other specific conditions.
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Negotiating Terms: Our team assists in negotiating the terms of the sale, ensuring that both parties agree on the financial and operational aspects of the assignment. We focus on protecting your interests while ensuring that the assignee understands their obligations.
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Filing the Assignment with the Trademark Registrar: Once the agreement is finalized, we handle the legal formalities of filing the trademark assignment with the Trademark Registrar. This step is essential for recording the transfer and ensuring that the new owner’s rights are officially recognized.
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Post-Assignment Support: After the sale, we provide ongoing support to ensure that the assignment is properly executed and that all necessary documentation is filed and processed correctly.
Documents Required for Trademark Assignment
When selling your trademark, several key documents are needed to ensure a smooth and legally compliant transfer:
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Trademark Assignment Agreement: A contract that outlines the terms of the sale, including the rights being transferred, financial terms, and any conditions regarding the use of the trademark.
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Proof of Ownership: Documents showing that the assignor is the legal owner of the trademark, such as the original trademark registration certificate.
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Trademark Application (if pending): If the trademark is still in the registration process, the assignment must include the application number and details of the registration process.
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Power of Attorney: If LPC Consultancy is filing the assignment on your behalf, this document is required to authorize our team to represent you.
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Details of Goods/Services (if partial assignment): If the assignment is partial, this document specifies which goods, services, or territories are included in the transfer.
Key Considerations When Selling a Trademark
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Ensure Clear Ownership: Before selling a trademark, it’s important to ensure that you have clear ownership of the mark and that there are no disputes or infringements associated with it.
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Determine the Value of the Trademark: A comprehensive valuation is essential to ensure you receive a fair price for the trademark. Consider factors such as brand reputation, market reach, and potential future growth.
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Specify Use Restrictions (if any): If you wish to impose restrictions on how the trademark can be used by the new owner (e.g., specific territories or industries), make sure these are clearly outlined in the assignment agreement.
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Ensure Compliance with Legal Formalities: Filing the trademark assignment with the Trademark Registrar is mandatory to officially transfer the ownership rights. LPC Consultancy ensures that this is done correctly and promptly.
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Tax Implications: Consider the tax implications of selling your trademark, as the sale may be subject to capital gains tax. Our experts can guide you on how to handle these matters.
Why Choose LPC Consultancy for Trademark Assignment?
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Experienced Legal Support: Our team of legal experts is highly experienced in intellectual property transactions, ensuring that your trademark sale is legally compliant and beneficial.
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Tailored Solutions: We provide customized solutions that fit your specific needs, whether you're looking to sell your trademark outright or assign it partially for specific markets or products.
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Transparent Process: We maintain transparency throughout the process, providing clear timelines, costs, and expectations, so you remain informed at every step.
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Efficient Handling of Legal Formalities: Trademark assignment involves several legal formalities, and we handle everything from drafting agreements to filing with the Trademark Registrar, ensuring a hassle-free process.
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Post-Sale Support: Even after the assignment is complete, we offer continued support to ensure that all formalities are in order and that both parties fulfill their obligations.