Additionally, it may outline any warranties or representations made by the assignor regarding the originality and ownership of the intellectual property, as well as any payment (consideration) agreed upon for the transfer. The deed ensures that the assignor’s rights are protected while allowing the assignee to fully utilize the intellectual property for their purposes. It is a crucial document in business transactions involving intellectual property, as it legally formalizes the assignment and provides a clear record of the transfer for both parties involved.
Deed of Assignment of Intellectual Property Rights (pro-assignor)
KShs 5,600
A Deed of Assignment of Intellectual Property Rights (Pro-Assignor) is a legal document that facilitates the transfer of rights, title, and interest in intellectual property from the original owner (assignor) to another party (assignee). This deed is particularly structured to favor the assignor, ensuring that the transfer aligns with their interests and intentions. It typically includes comprehensive details such as the names and addresses of both parties, a thorough description of the intellectual property being transferred, and a statement confirming the complete transfer of rights.
