Mortgage of A trademark

A service provided to the trademark owner to mortgage his trademark to a person/institution by agreement between the two parties, in accordance with a legal contract in which the first party grants ownership of the trademark to the second party, with the first party retaining its ownership under certain conditions.

Service Price and Execution Period

Service Fees: 5,180.00 SAR
Tax: 0%
Government Fees: 1500 SAR
Execution Period: 5
Government Approval Time: 10

Required Documents

If the applicant is an individual, the following must be submitted: 1- A mortgage contract from the trademark owner (it must stipulate the name of the trademark, the number, date, and category of the registration certificate) 2- Power of attorney for the buyer to complete the mortgage procedures for the mark. 3- Attach a power of attorney or a certified power of attorney for the person who has the power to apply, “a power of attorney duly certified or certified by an apostille certificate.” -If any-.
If the applicant is an institution, the following must be submitted: 1- A mortgage contract from the trademark owner on his printed materials, authenticated by the Chamber of Commerce (it must stipulate the name of the trademark, the number of the registration certificate, its date, and its category). 2-Submitting a letter from the mortgagee to him (the buyer) on his printed documents to the administration requesting the transfer of ownership, mentioning the name of the mark, registration certificate number, date and category. 3-Attach a notarized power of attorney or authorization for the person who has the capacity to apply, “a duly certified power of attorney or certified by an apostille certificate.” -If any-.
If the applicant is a company, the following must be submitted: 1- A mortgage contract from the trademark owner on his printed materials, authenticated by the Chamber of Commerce (it must stipulate the name of the trademark, the number of the registration certificate, its date, and its category). 2- The contract of incorporation of the mortgaged company, to ensure the validity of signing the attached mortgage contract.-3 Submitting a letter from the mortgagee to the administration (the buyer) on his prints requesting the transfer of ownership, mentioning the name of the mark, registration certificate number, date and category. 4- Attach a notarized power of attorney or authorization for the person who has the capacity to apply, “a duly certified power of attorney or certified by an apostille certificate.” -If any-.

Service Conditions

Availability of the required documents according to the type of applicant (individual-institution-company).
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