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What's a patent application assignment?

When a company buys patent applications, it should ensure the party selling them owns them. A patent application assignment transfers patent ownership and rights while still pending. This agreement helps the buyer and seller by providing a record of ownership and transfer.

Free patent application assignment template by LegalZoom. Create and download agreements for free!

Here's the information you'll need to have handy to complete your patent application assignment:

  • Who the assignor is: Have their name and contact information ready
  • Who the assignee is: Have their information available
  • Invention info: Know the inventor's name and the invention's application number and date
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Free Patent Application Assignment Template

Transfer the ownership rights or interests in a patent application. A patent application agreement defines the terms of transfer, promotes collaboration, and mitigates risks.
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