Do you need an IP Deed of Assignment?
Your business relies on the use of Intellectual property as a valuable asset. An IP Deed of Assignment can protect your business by ensuring that you’re the true owner of the work that is crucial to your business. You’ll also need one if you intend to commercialise your intellectual property as part of your business.
What You Get
Be certain about your intellectual property
Intellectual property can be complex and various types of rights may be involved. You want to be able to identify exactly what you’re buying, for how much, and when it becomes yours. Without an IP Deed of Assignment, important details like these may be unclear.
Using an IP Deed of Assignment means that you can be certain that you’re the true owner of the work you’ve purchased. If you’re not covered by this type of contract, the law may recognise the creator of the work as the owner.
Frequently Asked Questions
It is a document used to transfer ownership of intellectual property from one person to another. You can use an IP Deed of Assignment when you purchase work (such as artwork or logos) from someone to ensure your business is the true owner of the work. You can also use it when selling your own intellectual property as part of your business.
It’s important to know that when you assign your intellectual property rights, you can’t get them back. If you don’t want to sell your rights permanently, you might like to consider selling a licence instead.
Every situation is different, which is why you need expert advice from a commercial lawyer. We’re small business specialists, so you know you’re in safe hands with us.
We’ll consider your unique situation and let you know if we think this is right for your business.
Our head office is at Inspire Cowork – a coworking space in Sydney – but we also support flexible work for our team. Our lawyers can work from anywhere.
We use technology to come to you, wherever you’re located around Australia. Many of our clients work from home or at coworking spaces, just like us.
We communicate with our clients via phone, email and Zoom – whatever works best for you. There’s no need to meet face to face, but if you’re ever in the area you’re welcome to drop in!