Patent due diligence reports in minutes
Patent due diligence checks whether the patents in a deal are owned by the seller, free of undisclosed liens and supported by a complete chain of title. Assignee produces that part of the review from the public record in minutes, for one patent or a whole portfolio through bulk patent assignment lookup, with every source document linked.
Check title on one patent from the deal
Public USPTO records. No card required. Your searches stay yours.
Ownership report
- Fetching USPTO assignment records
- Reading conveyances
- Linking assignors to assignees
- Checking for gaps and open security interests
Current owner of record
Owner of record
Phinia Jersey Holdings LLC
Recorded on
May 31, 2024
Reel and frame
067592 / 0662
Conveyance
Assignment of assignors interest
Chain of title
-
Assignor
Assignee
- Execution date
- Recorded
- Reel and frame
Open document
Title risk flags
No issues found in this check
Create an account to see every assignment in the chain, all title risk flags and the full PDF report.
This report shows what is recorded at the USPTO. Assignments that were never recorded do not appear in any public register. It is not legal advice.
The ownership checklist in a patent due diligence
- Is the seller the owner of record of every patent on the schedule
- Did every inventor assign to the original owner, and is it recorded
- Does each transfer connect to the one before it
- Were mergers and name changes recorded as transfers to the current entity
- Are there security interests, and were they released
- Were any patents already sold, partly assigned or recorded to someone else
- Do the names on the schedule match the names in the record
Assignee answers each of these for every patent and flags the ones that fail.
| Patent | Owner of record | Title risk flags |
|---|---|---|
| Patent A | Corvane Holdings LLC | 1 |
| Patent D | Lumetra Optics, Inc. | |
| Patent B | Lumetra Optics, Inc. | 2 |
| Application C | Ostrava Medical Devices LLC |
What the due diligence report contains
| Part | Content |
|---|---|
| Portfolio summary | Patents checked, owner of record of each, patents with flags |
| Owner match | Where the record agrees and disagrees with the seller's schedule |
| Chain of title | Full recorded history of every patent |
| Liens | Every security interest, secured party and release status |
| Flags | Each title risk with the document behind it |
| Sources | Links to every recorded document |
Export as PDF for the data room memo or as Excel on the Firm plan for your own review. When the schedule runs to dozens of patents, start with a patent ownership audit across the whole portfolio and send only the exceptions to counsel.
Where the report is used
- Acquisitions of companies whose value sits in their patents
- Purchases of individual patents or portfolios, see sell my patent
- Loans and financing secured by patents
- Exclusive licenses and licensing programs, see patent licensing
- Investments in technology companies
- Litigation funding decisions
What it does not replace
The report covers recorded ownership and liens. It does not judge validity, claim scope or infringement, and it cannot show transfers that were never recorded. Counsel still reviews the agreements in the data room. Assignee makes sure they start with a correct and complete picture of the record. For value questions, see patent valuation.
For deal teams
Put the target portfolio in a shared matter folder, give access to the people on the deal and keep it under patent monitoring until closing, so a new recording does not surprise you on the closing date.
Owner of record
Ostrava Medical Devices LLC
Recorded on
Jul 22, 2019
Reel and frame
049841 / 0907
No issues found in this check