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0US1 Assignment of Interest in Patent - One Co-Owner to Another 2

Assignment of Interest in Patent - One Co-Owner to Another

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This Assignment of Interest in Patent is between two parties who co-own the patent. The assignment sets out the terms of the agreement including the amount one co-owner pays the other for full ownership of the patent. This form is for use in all states and is ready for immediate download.

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Inventors usually file a patent application to protect their rights in an invention. In some instances, more than one person is considered the inventor and both parties co-own the patent. This Assignment of Interest in Patent is for use by one co-owner to transfer his interests to the other co-owner. This assignment sets out the specific terms of the assignment including a brief description of the patented invention and the consideration one co-owner will pay to the other for full ownership of the patent. It is extremely important that this business transaction be set out in writing and recorded if necessary. A written Assignment of Interest in Patent will prove invaluable in the event of misunderstandings or disagreements about the patent’s ownership.

This Assignment of Interest in Patent between Co-Owners contains the following provisions:
  • Parties: Sets out the identities and business addresses of the co-owners;
  • Patent: A brief description of the invention and its patent number;
  • Assignment: Assignor assigns his one-half interest in the patent to the assignee;
  • Payment: The amount paid by assignee for full ownership of the patent and how payment will be made;
  • Signatures: Both assignor and assignee must sign the agreement in the presence of witnesses.

Protect your rights and your property by using our professionally-prepared up-to-date forms.

This attorney-prepared packet contains:
  1. General Instructions
  2. Assignment of Interest in Patent (Co-Owners)
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28648
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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