Question: How Do You Purchase A Trademark?

Can a trademark be bought or sold?

The owners may sale their brands or trademarks to any other person or legal entity by the means of trademark assignment, which means assigning of the right over the trademark to any other person.

As, by now you already know that a brand is a valuable as well as an intangible asset for any in the market..

What is the cheapest way to trademark?

The simplest and cheapest way to trademark your name is to file an application at USPTO.gov. Check the USPTO’s fee schedule to see how much it will cost to file your application. The basic filing fee is $390, or $195 for “small entities,” as of publication.

How long do Trademarks last in the US?

Unlike patents and copyrights, trademarks do not expire after a set period of time. Trademarks will persist so long as the owner continues to use the trademark. Once the United States Patent and Trademark Office (USPTO), grants a registered trademark, the owner must continue to use the trademark in ordinary commerce.

How can I get a trademark fast?

Here’s a step- by-step guide for how to get a trademark registered as quickly as possible.Step 1: Choose a Strong Mark. … Step 2: Choose a Mark That Isn’t Confusingly Similar to Another Mark. … Step 3: Begin Using Your Mark in Commerce As Soon as Possible. … Step 4: Submit a Complete and Accurate Trademark Application.More items…•

Should I trademark a slogan?

You Don’t Need a Trademark to Make a Slogan Your Own You can adopt a slogan for your brand without filing out a trademark application. If you want to keep others from using it, however, you should trademark the slogan.

Can you patent a saying?

The short answer is no, you cannot patent a phrase. Patent law does not offer protection to an inventor of a phrase. However, you can protect your phase under trademark law by trademarking it with the USPTO (United States Patent and Trademark Office).

Is it easy to file a trademark?

In order to apply for a trademark, one should conduct an in-depth search for the proposed name and then apply for the trademark. … One must explain in detail, the products or services its trademark will apply on the trademark application form. The trademark will apply to only these products or services.

The primary role of a trademark is to identify the source of a product or service. The mere act of speaking a catchphrase isn’t, on its own, an act of commerce, so a trademark wouldn’t cover or protect you from someone else just saying your phrase.

Can you make money owning a trademark?

Trademarks can be used to make you more money with minimal effort. … Because they don’t cost you anything to create and can be turned into a money-making machine with very little investment. Most of us have thought of a catchy name, slogan or phrase but did not know how to monetize it and use it to make money.

Should I trademark my business?

Registering a business name is a legal obligation, if you choose to identify your business with a name that is different to the name of the legal entity that owns the business. Registering a trademark is a choice you make as part of a branding strategy for your products and services.

Can you trademark a phrase already in use?

When you trademark a phrase, you protect the words that represent your product or service. … You can trademark a phrase at the local level by applying at your state trademark office. To trademark a phrase locally, you must already be using the phrase publicly. You can apply for a nationwide trademark with the USPTO.

How do I trademark a name in the US?

To register a trademark, go to the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.

How can I get a free trademark?

You can not register a trademark for free. However, you can establish something known as a “common law trademark” for free, simply by opening for business. The benefit of relying on common law trademark rights is that it’s free, and you don’t need to do any specific work filling out forms, etc.

How much does it cost to get a trademark in USA?

Trademark a Business Name With the USPTO Trademark fees for electronic applications are currently $225–$400 per class of goods or services, depending on the type of application you file. The trademark cost for registering with a paper application is currently $600 per class of goods or services.

How long does it take to get a US trademark?

approximately three monthsIn addition, you should receive an initial response from the US Patent and Trademark Office (USPTO) within approximately three months of filing the application. However, the total application processing time may be anywhere from 6 months to a year, or even longer.