Define: Patent Deed

A patent deed is a legal document that grants the inventor of a new product, process, or design the exclusive rights to make, use, and sell their invention for a certain period of time.

To obtain a patent deed, you must file a patent application with the appropriate government agency, such as the United States Patent and Trademark Office (USPTO). The application will be examined to determine if the invention meets the criteria for patentability.

In most countries, a patent deed lasts for 20 years from the date of filing the patent application.

Yes, a patent deed can be sold or transferred to another party through a legal document known as an assignment.

A patent deed grants the holder the exclusive rights to make, use, and sell the patented invention, as well as the right to prevent others from doing so without permission.

No, a patent deed can only be granted for a new and non-obvious invention. It cannot be granted for something that already exists or is obvious to someone skilled in the relevant field.

If someone infringes on your patent deed, you have the right to take legal action against them to stop the infringement and seek damages for any harm caused by the infringement.

Yes, the holder of a patent deed can grant a license to others, allowing them to use the patented invention in exchange for a fee or royalty.

Yes, there are international patent treaties, such as the Patent Cooperation Treaty (PCT), that allow for the filing of a single international patent application that can be used to seek patent protection in multiple countries.

Yes, a patent deed can be revoked if it is found to have been granted in error, if the invention does not meet the criteria for patentability, or if the patent holder fails to pay required maintenance fees.