Joint Ownership Agreement for an Invention

Protect your ownership stake in a co-owned invention

You and your co-inventors have come up with a great idea. But did you know that without an ownership agreement, you and your co-inventors are subject to some rather startling rules? For instance, any of the owners of an invention can enter into a lucrative licensing deal without obtaining their co-owners' consent -- and don't have to share the subsequent profits!

Nolo's Joint Ownership Agreement for an Invention will help you protect your interest in your creation, quickly and easily. With this legal form, you'll be able to become a co-owner in any of these common ways:

• Joint Ownership Created by Joint Invention
• Joint Ownership Created by Assignment for Money
• Joint Ownership Created by Will
• Joint Ownership Created by Assignment to a Partnership

If you don't use an ownership agreement, you could end up having to drag your co-inventors to court. Don't waste valuable time and spend hefty attorneys' fees to enforce your rights after the fact! Use Nolo's Joint Ownership Agreement for an Invention and protect your ownership interest now.