What are the attributes of patent ownership?

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Source: FAQ (MPEP-Based) BlueIron Update: 2024-09-09 10 Rules 5 Related FAQs This page is an FAQ based on guidance from the Manual of Patent Examining Procedure. It is provided as guidance, with links to the ground truth sources. This is information only: it is not legal advice. According to MPEP 301 , patents have the attributes of personal property. The MPEP states: ’35 U.S.C. 261 Ownership; assignment. Subject to the provisions of this title, patents shall have the attributes of personal property.’ This means that patents can be bought, sold, licensed, or transferred like other forms of property. However, it’s important to note that owning a patent doesn’t necessarily grant the right to practice the invention, as other legal considerations may apply. For more information on patent rights, visit: patent rights . For more information on personal property, visit: personal property . Related Rules from the Manual of Patent Examining Procedure 10 rules Collapse Record of Patents and Applications Required MPEP 301 Required Definitions for Ownership and Assignability of Patents and Applications MPEP 301 Required Assignment of Patent Rights Permitted MPEP 301 Permitted Assignment of Patent Must Be in Writing MPEP 301 Patents Are Personal Property MPEP 301 Required Assignment of Patents Must Be in Writing MPEP 301 Required License Transfers Limited Patent Rights MPEP 301 Permitted Entire Ownership Interest Must Be Transferred MPEP 301 Required Definition of Assignment MPEP 301 Patent Owner Exclusion Right MPEP 301 Other Related FAQs 5 FAQs Collapse What information is available in USPTO patent assignment records? How does the USPTO handle confidential patent assignment information? What is the significance of recording a patent assignment? Are all patent assignment records publicly accessible? What information is available in the USPTO&#8217;s assignment database?