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3 Replies Last post: Jul 15, 2009 1:18 AM by RanksIntl

Name Ownership

Jul 14, 2009 12:42 AM

Click to view mparkansy's profile Professional mparkansy 4 posts since
Jul 14, 2009
I am paying an individual to name my business, how do I do the legal work in this? What is required so that I have on contract that I own this name that he/she contrived?

Do I need a signature or is an electronic email good enough?
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Click to view RanksIntl's profile Mogul RanksIntl 93 posts since
May 28, 2009
1. Re: Name Ownership Jul 14, 2009 10:01 AM
Hello!

If this person has been in this business for some time then he/she will have this information in the terms and agreements of their business. This is a common issue so depending on who you are going with they will already have anticipated this and have a solution in place. However, if it is a newer company or a freelance worker then in your contract should have, above all, a section that plainly states that once you pay for the name you own all rights to it. Despite any loopholes, generally, once you register your business and register the DBA no one in the county(ies) that you register in can have that name, or a name that can be confusued with your name, in the same industry. So, if you have a business specific name you generally won't have problem. If you do, you will have your contract to fall back on. As far as writing the contract, consult an attorney if possible because they will use the right verbage to make it airtight.

Renee`
Click to view mparkansy's profile Professional mparkansy 4 posts since
Jul 14, 2009
2. Re: Name Ownership Jul 14, 2009 10:09 PM
in response to: RanksIntl
thanks for the reply. I'm actually getting suggestions from individuals online, cheaper than paying a marketing firm, and I've had some usable ones so it's workin out. can i email them a contract and have them email me back with their name typed or do I need an actually written signature?

thanks for your response,

Click to view RanksIntl's profile Mogul RanksIntl 93 posts since
May 28, 2009
3. Re: Name Ownership Jul 15, 2009 1:18 AM
in response to: mparkansy
You can but signed and printed is more binding. Have them fax it to you.

Renee`