A Trademark Assignment (sometimes known as an Assignment of Trademark) transfers the ownership of a trademark from one party to another.
Definitions
What is a Warranty?

Generally, a warranty is an assurance made by one party to a second party that certain facts or conditions are true or will happen. The second party can rely on the assurance and seek some type of remedy if the assurance is not true or followed.

Who is the Assignor?

The assignor is the person, company, or organization that currently owns the trademark and wishes to sell it.

Who is the Assignee?

The assignee is the person, company, or organization that is purchasing the trademark.

What is the difference between a trademark and a service mark?

The only difference between a trademark and a service mark is that a trademark is used to distinguish goods (Coca-Cola beverages, Ford vehicles, etc.), whereas a service mark is used to distinguish services (Jiffy Lube oil changes, Furnco furnace installation, etc.)

Representations and Warranties
What do the different representations and warranties mean?

With LawDepot’s Trademark Assignment, you can choose to include various representations and warranties that apply to the trademark that is being transferred. These representations and warranties are as follows:

The Assignor owns the mark

Selecting this option will insert a clause into your completed Trademark Assignment that states that the Assignor guarantees that he, she, or it owns the trademark and thus has the ability to assign it.

The mark is free of all security interests

A security interest is an interest in personal property that is given by