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What risks may companies encounter when transferring trademarks?

Companies need to pay attention to some details when transferring trademarks. Otherwise, they could easily lose both their trademark and their money. What risks may a company encounter when transferring a trademark?

1. Before signing a trademark transfer agreement, you should pay attention to the risks of trademarks

When signing a trademark transfer agreement, many people will ignore a very important detail, that is, whether the trademark is licensed. , mortgage, transfer, and whether it has been challenged or revoked, etc. If the above situation occurs, you will be involved in endless disputes after purchasing a house, and the legal risks and consequences can be imagined. So, as you can see, a trademark that sounds good and is memorable should not be busy. Before signing an agreement, check the status of your trademark using a trademark search tool. In addition, it should be noted that the "Notice of Trademark Acceptance" does not mean that the trademark has been successfully registered. Only trademarks with a "Trademark Registration Certificate" can be protected by law. If the buyer knows and still insists on purchasing the trademark in the application, the responsibilities and rights risks should be clearly stated in the agreement, otherwise it will be suspected of fraud.

2. Illegal transfer. Beware of "shady" sellers signing agreements with you

Currently, my country's Trademark Law and its implementing regulations only give the Trademark Office the power to approve trademark transfer applications, and do not also stipulate its responsibilities for improper approvals. This provides some criminals with the opportunity to take advantage of legal loopholes to forge the seal of the trademark holder, forge the signature of the trademark holder, transfer someone else's registered trademark to themselves or their affiliates, and apply to the Trademark Office for relevant procedures to commit fraud. "Orthodox" jacket. If they are prosecuted, they run away, never appear in court, and the court is unable to provide them with litigation materials. Once this happens, buyers will not only lose money, but also waste valuable time and miss business opportunities. Therefore, before signing a purchase agreement, it is necessary to verify the true identity of the seller, or seek professional inspection.

3. Lack of integrity and temporary request for high transfer fees

When a formal trademark transfer agreement is signed immediately, many sellers who lack integrity will still refuse to transfer or transfer for various reasons. Refuse to ask for a high transfer fee. Buyers often find litigation troublesome and time-consuming, and have to pay attorney fees, investigation and evidence collection fees. They have to suck it up, accept the demands of these unscrupulous sellers, pay them extra fees, and then sign the contract.

Pay attention to the standardized use of trademarks to help companies safeguard trademark rights and give full play to brand advantages in the commodity economy. If you don’t understand every detail of the trademark, Bajie Intellectual Property Trademark Network will help you! If you encounter any problems during use, please feel free to consult Bajie Intellectual Property Trademark Network. It is our honor to serve you!