The process of transferring rights to Trademarks due to inheritance (whether Registered Trademarks and Trademarks that are still in the process of application and registration, according to Article 41 of the Trademark and Geographical Indications Law) must be made a Deed of Transfer of Rights before a notary and the application for transfer of rights is then submitted to the Directorate General of Intellectual Property (“DGIP”) to protect rights to Registered Trademarks, prevent legal disputes, and ensure that the transaction of transfer of rights to Registered Trademarks is legally valid.
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