📋 Mortgage of patent

About this category

A mortgage of patent is a type of security interest granted over a patent in order to secure the performance of an obligation, usually the repayment of a loan. The mortgage gives the lender the right to take possession of the patent and sell it in order to recover the loan if the borrower defaults.

📋 Mortgage of patent

templates

Mortgage For Patents

This is a mortgage of patents created by a company in England and Wales, in favor of a single corporate lender.

What to watch out for

Make sure the company is legitimate

Make sure the mortgage is for a legitimate purpose

Make sure the terms of the mortgage are fair and reasonable

Make sure you understand the implications of the mortgage

Publisher

Genie AI

Jurisdiction

England and Wales

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Associated business activities

Mortgage a patent

as collateral There are a few reasons why someone might want to Mortgage a patent. Firstly, it can be used as collateral for a loan. Secondly, it can help to raise finance for a business venture or project. Finally, it can provide security for an invention, meaning that the inventor can be sure that their idea is protected.

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Legal firms who might be able to help

Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.