Purchase of intellectual property


Dear Members,

I am planning to purchase an intellectual property right from an institution, which is a university. Now the university is charging me an amount for purchasing the asset and is also claiming a royalty on it.

If it is selling an asset, can it still claim a  royalty?

Is it wise to invest in this scheme?

Please advise.

Regards,

Sourav 

 
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Business

Royalty can be claimed.

As for the wisdom of it, you are the best judge.

Disclaimer : General Information above is provided without any warranties as to suitability for any use, correctness and application to any specific case. Please always take proper legal counsel .  However,if it helped you a " thanks" would be appreciated :-)

 
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It is better to do the intellectual property audit by an expert before purchase and know the value of the product in open market and its use in the society. then only this investment will be good.


Total likes : 1 times

 
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It is better to do the intellectual property audit by an expert before purchase and know the value of the product in open market and its use in the society. then only this investment will be good.

 
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Thanks Hardeep

 
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Corporate Commercial & IP Lawyer

Sourav,

We can help you for IP audit and Valuation. Also, for licensing deals.

You can reach me on nagaraja_bs@iplexglobal.in

Regards,

Nagaraj

 
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