Biraco®

◆ We have carefully verified the ownership and confirmed that the seller is the actual trademark owner.

◆ You will seamlessly obtain trademark ownership, full interest, and goodwill from the owner.

◆ The domain name, if included in the sale, will be promptly transferred to you.

◆ Your payment will be safely held in PayPal or Escrow and secured by our platform until you legally own the trademark.

1st - Agreement:
We finalize the Trademark Assignment Agreement and have it signed by both the owner ("Assignor") and the buyer ("Assignee"). The signed Agreement serves as the foundation for the transaction and the transfer of ownership.

2nd - Invoice & Payment:
We issue a PayPal/Escrow invoice to the buyer for payment based on the signed Agreement. PayPal/Escrow securely holds the funds until the buyer legally owns the trademark and associated rights. Our platform guarantees a 100% refund in case the seller fails to complete the trademark or domain transfer in due course.

3rd - Ownership Transfer:
①The attorney initiates the transfer of ownership, which will be reviewed by the official and typically completed within 2-3 weeks.
②Any domain names included in the sale will be transferred to the buyer within 1-7 days.

4th - Completion:
Buyer confirms the receipt of ownership; PayPal/Escrow releases funds; we pay the seller; transaction ends.

1. Designate a new correspondent for your trademark.

Trademarks are intangible assets that require careful management. The trademark correspondent is key for monitoring status and maintaining connections with official institutions. Typically, an attorney serves as the correspondent and manages legal affairs for the trademark.

As the new owner, it's highly recommended to engage a familiar attorney as the correspondent for your trademark, which will benefit future management and maintenance. For U.S. trademarks, you can designate yourself as the correspondent if you reside in the USA, per USPTO rules. Setting up a USPTO.gov account and completing the designation usually takes just a few minutes (guidance is available upon request).

2. Keep using the trademark in commerce.
Keeping and using your trademark in commerce is crucial for its protection, validity, distinctiveness, defense against challenges, and overall business reputation. Regular and genuine use helps ensure that your trademark maintains its legal significance and serves as an effective tool for brand recognition and consumer trust. 


3. Renewal and Maintenance.
As per official rules, trademarks require ongoing renewal and maintenance to remain valid and enforceable. Be mindful of any specific requirements or obligations in your jurisdiction.

For example, with a U.S. trademark, stay aware of maintenance deadlines (check the status at https://tsdr.uspto.gov/ with trademark serial or registration number as shown below) and ensure you submit the necessary paperwork and fees to keep your trademark registration active. Usually, your U.S.-licensed attorney can assist with such matters.


Be aware that your registration will be canceled if you do not file the required documents below during the specified time periods:

Requirements in the First Ten Years*

What and When to File:

• First Filing Deadline: You must file a Declaration of Use (or Excusable Nonuse) between the 5th and 6th years after the registration date. If the declaration is accepted, the registration will continue in force for the remainder of the ten-year period, calculated from the registration date, unless canceled by an order of the Commissioner for Trademarks or a federal court.

• Second Filing Deadline: You must file a Declaration of Use (or Excusable Nonuse) and an Application for Renewal between the 9th and 10th years after the registration date.

Requirements in Successive Ten-Year Periods*

What and When to File:

• You must file a Declaration of Use (or Excusable Nonuse) and an Application for Renewal between every 9th and 10th-year period, calculated from the registration date.

◆ What is the process for transferring ownership?
For a U.S. trademark, our attorney will file the necessary forms, submit the properly signed Trademark Assignment Agreement, and pay the required government fees to the United States Patent and Trademark Office (USPTO). Officials will review the submissions and record the transfer if no errors are found. If any mistakes are identified, the USPTO will notify the filer to make corrections until the transfer is approved.

◆ What will the buyer receive as a result of the ownership transfer?
The buyer will obtain trademark ownership, entire interest and the goodwill.

◆ What changes can we expect to see on the official page?

The USPTO system will record the assignment details and update the information to reflect the new owner.

◆ How long does the transfer take?
The transfer process usually takes 2-3 weeks, depending on the USPTO's processing speed.

Application:
➜ After you file enrollment forms and submit the required files, a relevant "Case" will be created by Amazon in the "Case Log".
➜ If your submissions are qualified, Amazon will send an email including a "verification code" to the email address associated with the trademark representative.
➜ You will need to reply to the "Case" with the above-mentioned "verification code".
➜ Amazon will approve your brand registry if no mistakes occur.
(Guide of Amazon Brand Registry)

Benefits: 
◆ After the registry, you can create product listings with the brand.
◆ You get A+ Content, enhanced brand content, brand analytics and more.
◆ Amazon doesn't seem to care which class your trademark is in, they give you coverage across all categories (which could change at any time).

◆ An Auth-Code, also known as an EPP code, authorization code, transfer code, or Auth-Info Code, is a generated passcode required to transfer an internet domain name between domain registrars; the code is intended to indicate that the domain name owner has authorized the transfer. GoDaddy.com and NameCheap.com are known as famous domain registrars.

◆ Using the Auth-Code shared by the owner, you can seamlessly transfer the domain name to your domain registrar account.

◆ The transfer of a domain name between two registrars typically takes 5-7 days, while the transfer between two accounts within the same registrar usually takes only minutes or seconds.