e-Sign with Lawpath

Assignment of Intellectual Property

An Assignment of Intellectual Property allows you to transfer the ownership of intellectual property from one person or company to another. This Assignment can be used in the context of a business sale, and in other contexts.
star
star
star
star
star_half
4.4 (62 reviews)
timer
under 5 minutes
location_on
Suitable for Australia
Get 1st document free

Document Overview

One of the primary ways that you can sell or acquire intellectual property is through assignment. This Assignment of Intellectual Property is used to assign intellectual property. Assigning intellectual property is the transfer of the rights of that intellectual property from one party to another, usually for monetary consideration. Whether you are starting a business or running a business, intellectual property is a significant piece of your business’s value. It is important to ensure that the terms of any assignment of intellectual property are clear at any stage of your business. 

Use this Intellectual Property Agreement if:

  • You would like to assign intellectual property to another person or company.
  • You would like intellectual property to be assigned to you.
  • The assignment of intellectual property is part of a business sale.

What does the Intellectual Property Agreement cover?

  • Assignment fee and assigment date;
  • The rights and obligations of the Assignor and Assignee; and
  • Payment, warranties, indemnities and GST.

Other names for an Intellectual Property Agreement include:

  • IP Agreement.
  • Intellectual Property Agreement.
  • Intellectual Property Assignment Agreement.
  • IP Assignment Agreement.
  • IP Contract.

What intellectual property rights can be transferred?

If an owner of a registered patent, trade mark, design, or plant breed, wishes to transfer their intellectual property ownership rights to another person or persons, they may do so in accordance with the relevant Intellectual property laws.

Is the creator of intellectual property always the owner?

The creator of intellectual property is not always the owner, as they may wish to sell or transfer their ownership rights to another person or persons. If the intellectual property was created in the course of their employment, often ownership rights belong to the employer. You should always ensure that you are dealing with the legal owner of intellectual property.

Do Intellectual Property Agreements expire?

Depending on the type of intellectual property that has been registered (patent, trademark, design, or plant breed), the ownership rights would have an expiry date. The expiry date is generally calculated from the day in which the original owner has applied for an Intellectual property registration, also known as the priority date.

Other documents you may need:


It's never beenso easy
laptop_mac
Sign-up to a free Lawpath accountLawpath is free to join, and you get one free legal document when you sign-up. Also, you can receive unlimited e-signature requests with your Lawpath account.
folder_open
drive_file_rename_outline
Collaborate with e-Sign and SharingHaving access to your legal documents has never been easier. You can request e-signature, share the document and download for an efficient collaboration.
Create unlimited legal documents and eSignatures for only $39/month.Upgrade to a Lawpath legal plan to boost your new business.
View plans & pricing
Here's what people say about Lawpath’s Assignment of Intellectual Property
star
star
star
star
star
Great experienceDocument perfectly tailored for my companies needs.
people
lozza94
star
star
star
star
star
Really easyThe document was very easy to create. Great instructions along the way
people
James
star
star
star
star
star
Great service and vastly improved useabilityThe document was easy to use and was perfect for my needs.
people
Adam
star
star
star
star
star
So easyIt is a breeze drafting documents, sending for signature etc. Wonderful service
people
Lana
star
star
star
star
star_outline
Fairly straight forwardI created a terms & conditions for my website and whilst fairly
people
Private user
star
star
star
star
star
Great experience and thanks for the trial!The document was straight forward, just ensure you have all required information on hand to complete the online form. Will use lawpath again.
people
Paul
star
star
star
star
star_outline
Easy to useI just wanted to try it out and it looks pretty easy to use
people
Gilbert
star
star
star
star
star
Super quick and efficient!This was very easy to create and perfect for my needs.
people
sallynoonan
star
star
star
star
star_outline
More work on filling it outEasy to fill out however having some samples for what to put in for various fields would make it much faster in getting it done
people
Private user
star
star
star
star
star
Thank you - very helpful for a start upThank you. Your services were straight forward and accessible, i will be back for more.
people
Breanna Lane
Powered by
Looking for more documents?
chevron_right
Privacy Policy
chevron_right
Loan Agreement
chevron_right
Cleaner Contract
search
Browse all legal documents