Can I buy or sell patent rights?

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Buy Sell Patent Rights Intellectual Property Intellectual Property

Can I buy or sell patent rights?

Yes, if you are an inventor you may assign all or part of your interest in the patent application or patent to anyone by a properly worded assignment.

The patent application itself must be filed in the U.S. Patent and Trademark Office as the invention of the true inventor, however, and not as the invention of the person who purchased the invention from the inventor.

Just as deeds to real estate should be recorded with the local county officials to protect the parties’ rights, patent assignments should be recorded in the Patent Office to give notice to the to the public and other potential purchasers.

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