Importance of Statement of Use Submission
Transferring trademark ownership is an essential process when selling, merging, or restructuring a business. Properly transferring ownership ensures that the new owner has legal rights to use, manage, and enforce the trademark. Failing to update trademark ownership records can lead to legal complications, disputes, or loss of trademark rights. Whether you're transferring to an individual or another business entity, it's critical to complete the process correctly to avoid jeopardizing the trademark's protection. This process not only secures your brand’s continuity but also ensures that your intellectual property is safeguarded during transitions.
