Assignment of Registered Designs
This Assignment of Registered Designs may be used to transfer ownership of designs that are registered or under application for registration.
(0 reviews)
Last updated January 13, 2025
Under 10 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
This document is an assignment of designs, which may be registered or under application for registration. Under Section 11 of the Designs Act 2003 (Cth), the owner of a registered design may assign the registered owner’s interest in the design by writing. The assignment must be signed by, or on behalf of, the assignor and the assignee and may be for a particular place. The document is drafted as a deed, and provides the option for the assignment to be effected with or without payment in exchange.
Registering the change of ownership
The assignment requires the assignor to provide the necessary document to the registrar of designs for the change of ownership to be recorded. The IP Australia Register is public, so if there is any confidential material included in the assignment (such as the consideration), the parties should redact that part before submission.
Commercial considerations
The parties should consider why the designs are being assigned. If it is due to the purchase of products or technology, or of a company or business that has been built around the products or technology, the parties should also consider other commercial documents to accompany this assignment, and seek legal advice. These documents include:
- Business Sale Agreement
- Assignment of Intellectual Property
- Consultancy Agreement (Pro-Client)
- Training Services Agreement
- Supply Agreement
- Confidentiality Agreement (Mutual)
The Legal Risk Score of a Assignment of Registered Designs Template
Our legal team have marked this document as medium risk considering:
- There is a risk associated with the transfer of ownership and registration responsibilities, as the assignor grants the assignee full authority to apply for and obtain registration as the owner of the designs, which could lead to potential mismanagement or errors in the registration process if not handled diligently.
- The document must be properly signed as a deed.
- The document depends heavily on the accuracy of the warranties provided by the assignor regarding the designs, including title, encumbrances, and infringement issues, exposing the assignee to potential legal and financial risks if these warranties are later found to be inaccurate.
Assignment of Registered Designs Checklist
Complete your free Assignment of Registered Designs with our checklist
Verify Design Ownership and Encumbrances
Ensure that the assignor's claims regarding absolute title and the absence of encumbrances on the designs are thoroughly verified through due diligence.
Complete and File Registration Documents
Follow through with the necessary legal forms and registration documents to officially transfer the title and record the assignee as the new owner of the designs.
Handle Financial Obligations
Arrange for the payment of all stamp duty and governmental charges as specified, ensuring compliance with the financial responsibilities outlined in the deed.
Monitor and Manage GST Requirements
Stay vigilant about the GST implications, ensuring that all taxable supplies are accounted for and that any adjustments or extra liabilities are handled within the stipulated time frames.
View Sample Assignment of Registered Designs
It's never been so easy
Sign-up to a free Lawpath account
Get started and we’ll take care of you. It’s that easy.
Browse our 500+ legal documents
Browse our 500+ legal documents to find the perfect match to cover your business needs. We’ve got Compliance, Employment, Service agreements and more.
Collaborate with e-Sign and Sharing
Having access to your legal documents has never been easier. You can request e-signature, share the document and download for an efficient collaboration.
Create unlimited legal documents and eSignatures for only $39/month.
Upgrade to a Lawpath legal plan to boost your new business.
Here's what people say about Lawpath’s Assignment of Registered Designs
Reviews are managed by BazaarVoice and comply with the BazaarVoice Authenticity Policy. Reviews are independently verified by BazaarVoice and detail our customers' real experiences.